Oil bounces around as tight supply offsets China, recession fears - Business News, Finance News, Share Market News - Market trendz

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Tuesday 14 June 2022

Oil bounces around as tight supply offsets China, recession fears

"Discussion within the oil complex still revolves around Libya's decline in production, China continuing to impose measures to slow the spread of COVID, and concerns around global recession woes driving demand destruction," said Stephen Innes, managing partner at SPI Asset Management.

from Commodities-Markets-Economic Times
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