Red Sea Strikes and China's Economic Stimulus Support Oil Prices

Red Sea Strikes and China's Economic Stimulus Support Oil Prices

OilPrice.com

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China's attempts to boost its economy and renewed attacks from the Houthis in the Red Sea are adding upward pressure to oil prices this week.US Natural Gas Prices Collapse on Milder Weather and Robust Output - Russia is struggling to benefit from the extremely constructive diesel cracks lately as repeated Ukrainian drone strikes on Russia’s refinery infrastructure restricted its throughput capacity.- According to Bloomberg, Russian refinery throughputs have decreased to 5.1 million b/d, a 400,000 b/d drop since the beginning of this…

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