There is some exciting news about the oil market that I believe will pique your interest because of this strong China refinery output news.
As you may already know, China’s refinery output grew by a whopping 15% in May, which has contributed to a surge in demand for oil. Additionally, OPEC+ decided to cut supply in May, and Saudi Arabia has announced that it will cut supply for July due to a supply deficit in times of high demand.
These factors have led to a rise in oil prices, which is excellent news for those interested in oil investing. As an oil trader, I encourage you to consider taking advantage of this opportunity to invest in oil and potentially reap the benefits of this market growth.
So, what are you waiting for? Don’t miss this chance to capitalize on the rising oil prices. Act now and explore the world of oil investing
Will oil continue with strong China refinery output? by bryandowningqln on TradingView.com
