Crude Oil Forecast: Brent Limited by China’s COVID Policies and Stronger USD

United States News News

Crude Oil Forecast: Brent Limited by China’s COVID Policies and Stronger USD
United States Latest News,United States Headlines
  • 📰 DailyFX
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 63%

Brent crude oil prices have been marginally curtailed this morning after Chinese health officials reiterated this importance of their ‘zero-COVID’ policies, suppressing optimism around a Chinese reopening. Get your market update from WVenketas here:

Leveraged trading in foreign currency or off-exchange products on margin carries significant risk and may not be suitable for all investors. We advise you to carefully consider whether trading is appropriate for you based on your personal circumstances. Forex trading involves risk. Losses can exceed deposits.

We recommend that you seek independent advice and ensure you fully understand the risks involved before trading. FX PUBLICATIONS IS A MEMBER OF NFA AND IS SUBJECT TO NFA'S REGULATORY OVERSIGHT AND EXAMINATIONS. HOWEVER, YOU SHOULD BE AWARE THAT NFA DOES NOT HAVE REGULATORY OVERSIGHT AUTHORITY OVER UNDERLYING OR SPOT VIRTUAL CURRENCY PRODUCTS OR TRANSACTIONS OR VIRTUAL CURRENCY EXCHANGES, CUSTODIANS OR MARKETS.

FX Publications Inc is registered with the Commodities Futures Trading Commission as a Guaranteed Introducing Broker and is a member of the National Futures Association . Registered Address: 19 North Sangamon Street, Chicago, IL 60607. FX Publications Inc is a subsidiary of IG US Holdings, Inc

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

DailyFX /  🏆 305. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Apple warns of hit to iPhone shipments from Chinese COVID disruptionsApple warns of hit to iPhone shipments from Chinese COVID disruptionsApple Inc on Sunday said it expects lower iPhone 14 Pro and iPhone Pro Max shipments than previously anticipated as COVID-19 restrictions temporarily disrupt production at an assembly facility in Zhengzhou, China.
Read more »

Chinese officials signal no change to 'zero-COVID' policyChinese officials signal no change to 'zero-COVID' policyChinese health officials are giving no indication of any relaxation of COVID-19 restrictions following several days of speculation otherwise.
Read more »

Residents clash with Chinese authorities over Covid rulesResidents clash with Chinese authorities over Covid rulesPolice in northeastern China said that seven people have been arrested following a clash between residents and authorities enforcing Covid-19 quarantine restrictions.
Read more »

Residents clash with Chinese authorities over COVID rulesResidents clash with Chinese authorities over COVID rulesBEIJING (AP) — Police in northeastern China said that seven people have been arrested following a clash between residents and authorities enforcing COVID-19 quarantine restrictions. The violence comes as China reports new cases nationwide, with 2,230 cases reported Tuesday in the southern manufacturing and technology hub of Guangzhou.
Read more »



Render Time: 2025-03-06 22:55:41