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Market Impact: 0.35
Goldman Sees China Oil Imports Staying Subdued in Fourth Quarter
Source: Bloomberg
Energy Markets & PricesCommodities & Raw MaterialsTrade Policy & Supply Chain
Goldman Sachs expects China’s oil imports to remain subdued in coming months if elevated crude prices persist. Weaker demand from the world’s largest crude importer could cap additional upside in oil prices and weigh on the global crude-demand outlook.
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