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Crude Oil - Natural Gas and Oil Forecast: Sanction Delay Cools Rally, Crude Risks Deeper Pullback
15-07-2025 00:25
Crude oil retreats as Trump’s 50-day sanction delay eases supply fears. WTI breaks support, risking further downside amid weak China data.
China’s June oil throughput surges as state-owned refineries ramp up operations
China’s crude oil throughput in June rose 8.5% from a year earlier, official data showed on Tuesday, as state-owned refineries increased operations and saw a recovery in profit, according to consultancies.