The Energy Cable #2 – Why a Chinese reopening is not bullish for Energy

The world's largest importer of Crude oil is getting back online, but is a reopening per se bullish for energy? Not necessarily. China prepared for the reopening and the Lunar New Year will dampen demand. Welcome to the second edition of “The Energy Cable”. Today we will assess the Chinese reopening and the ramifications for energy markets. For now, it seems more likely that metals will surge due to the reopening than oil. Here is why!
2023-01-10
<a href="https://stenoresearch.com/author/andreas/" target="_self">Andreas Steno</a>

Andreas Steno

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The world's largest importer of Crude oil is getting back online, but is a reopening per se bullish for energy? Not necessarily. China prepared for the reopening and the Lunar New Year will dampen demand. Welcome to the second edition of “The Energy Cable”. Today we will assess the Chinese reopening and the ramifications for energy markets. For now, it seems more likely that metals will surge due to the reopening than oil. Here is why!
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