Economic weakness set to weigh on oil price in 2023

Brent has fallen more than 15 per cent since early November, as surging Covid-19 cases in China depressed the outlook for oil demand growth in the world’s largest crude oil importer.

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January 3, 2023

Brent has fallen more than 15 per cent since early November, as surging Covid-19 cases in China depressed the outlook for oil demand growth in the world’s largest crude oil importer.

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