Oil futures posted back-to-back declines on Tuesday, as investors weighed prospects for energy demand after China’s leadership outlined its economic plans.
Price moves
Market drivers
China’s growth target is seen as “ambitious,” Ipek Ozkardeskaya, senior analyst at Swissquote Bank, said in a note, observing that U.S. crude “failed to extend gains above $80 per barrel even after the Chinese stimulus bets.”
China’s…
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