reliquid1220 t1_j6cvnc4 wrote on January 29, 2023 at 1:10 PM Reply to comment by Alternative-Paint-46 in $2.5t spending potential held by Chinese consumers if reopens fully. by Infamous_Sympathy_91 Yet oil price for the rest of the world is going up for the past month. Op is talking about the supply/demand curves. Sanctions etc shifts the curves up or down but they have to meet somewhere. That juncture is going up in dollars. Permalink Parent 1
reliquid1220 t1_j6cvnc4 wrote
Reply to comment by Alternative-Paint-46 in $2.5t spending potential held by Chinese consumers if reopens fully. by Infamous_Sympathy_91
Yet oil price for the rest of the world is going up for the past month.
Op is talking about the supply/demand curves. Sanctions etc shifts the curves up or down but they have to meet somewhere. That juncture is going up in dollars.