WS #10627
Strait of Hormuz traffic normal; Russia approves emergency fuel import subsidies; China crude imports plunge to lowest since 2018; WTI -4.5%, Brent -5.2%.
Oil Market De-escalation and Bearish Signals
Strait of Hormuz traffic normal; Russia approves emergency fuel import subsidies; China crude imports plunge to lowest since 2018; WTI -4.5%, Brent -5.2%.