Oil Soars, Prompt WTI Contango Disappears As Chinese Oil Demand "Almost Back To Pre-Crisis Levels"
May 18th 2020 8:53am EDT
Oil Soars, Prompt WTI Contango Disappears As Chinese Oil Demand “Almost Back To Pre-Crisis Levels” Tyler Durden Mon, 05/18/2020 – 08:53 After plunging more than 20% in Q1 due to the economic shutdown from the coronavirus pandemic, Chinese oil demand is now “all but back to levels last seen before Beijing imposed a national lockdown […]
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