China is rocking oil markets! Yes, it's that powerful to imp | fbsonlinetrading

China is rocking oil markets!
Yes, it's that powerful to impact prices when it get gloomy there.

Wonder why? China is the largest importer of oil and the second-largest oil consumer in the world after the US.

You need to know also that Beijing was the first major economy to recover from the pandemic while the US and Europe struggled.

But tables have turned now, and economic growth in China is slowing and dragging oil markets with it.

What are the reasons? Check the attached PDF to get the story.

Do you agree that China's power on oi markets is like a double-edged sword? Tell us your thoughts.