Oil Rises As OPEC Sees Chinese Demand Rebounding

In this week’s newsletter, we will take a quick look at some of the critical figures and data in the energy markets. Chart of the WeekInflux of Russian Crude Cools Down Asian Oil Prices- The influx of Russian crude into the Asian markets is changing the market dynamics in the region and easing pricing pressures, to the relief of many buyers. - India’s imports of Russian crude rose to 1.2 million b/d last month, overtaking Iraq and Saudi Arabia, simultaneously displacing a lot of those Middle Eastern barrels elsewhere in Asia. -…