Rebound in China and Japan pushes oil prices higher
Figures show Chinese refineries processed the most crude in history in October on a daily basis
16 November 2020 - 12:27
London — Oil prices climbed on Monday, recouping some losses from the previous session as new data showed a rebound in the world’s second and third largest economies, China and Japan.
Figures showed Chinese refineries processed the most crude in history in October on a daily basis, while new lockdowns in the US and Europe weighed on demand...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.