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Re: energybuyer post# 48116

Wednesday, 01/25/2023 7:59:36 PM

Wednesday, January 25, 2023 7:59:36 PM

Post# of 49515
Oil is largely unchanged for the month after a weak start to the year. The outlook for China and a weaker dollar — which makes commodities priced in the currency more attractive — have helped oil claw back some ground. Traders will be closely watching for signs of increasing Chinese demand once the lunar New Year festivities have concluded.