HomeNews listOBJECTIVE PRESSOil Prices Climb As China Signals An Easing Of Covid Restrictions

Oil Prices Climb As China Signals An Easing Of Covid Restrictions

  • October 20, 2022
  • Posted by: AliensFaith
  • Category: OBJECTIVE PRESS
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Oil prices rose early on Thursday after China signaled an easing of its strict Covid policy, which has battered market sentiment in recent months. As of 6:46 a.m. ET on Thursday, WTI Crude prices were rising by 1.67% at $86.98, and the international benchmark, Brent Crude, was up 1.41% to trade at $93.72. China’s strict Covid measures could be partially eased, which could be supportive of oil prices. The Chinese city of Xi’an, for example, home to more than 13 million residents, has said it would implement Covid control measures only…      



Author: AliensFaith
HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

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