Ziemba: Chinese Demand for Oil Remains Key
Market Intelligence Analysis
AI-PoweredOil prices have risen from a 2021 low following a US blockade of sanctioned tankers off Venezuela, with analysts pointing to Chinese demand as a key factor in the market's outlook.
Market impact analysis based on bullish sentiment with 67% confidence.
Article Context
Oil advanced from its lowest level since 2021 after President Donald Trump ordered a blockade of sanctioned tankers off Venezuela. Rachel Ziemba, founder of Ziemba Insights spoke to Bloomberg’s Jennifer Zabasajja on Horizons Middle East and Africa on the outlook for the oil market. (Source: Bloomberg)
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