A Crude Paradox: OPEC Hikes Despite China Slump
OPEC+ is planning to boost its crude oil output at a time of lingering demand weakness.
What is driving this decision? And will Chinese oil consumption – historically a key contributor to global oil demand growth – reaccelerate and justify the coalition’s decision to bring back more supply to the market?
This report answers these questions and more.
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BCA Research | Commodity & Energy Strategy
Top-down global-macro framework with bottom-up fundamental analysis of major commodities.
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