Oil Begins Second Week in 2023 Up 1% on Hopes China Reopening Will Boost Consumption

Oil Begins Second Week in 2023 Up 1% on Hopes China Reopening Will Boost Consumption

NEW YORK (Sputnik) – After the worst week in a month to launch the new year, crude prices rose 1% on Monday as trading entered the second week amid hopes that China’s reopening its economy will boost oil consumption.

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