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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (56006)	3/8/2019 1:45:01 PM
From: Goose94	Read Replies (1) of 203330

Crude Oil: WTI Weak economic data in China dragged down crude oil in early trading on Friday. “The trade surplus shrank unexpectedly sharply in February because exports slumped by more than 20% year-on-year. Imports were down year-on-year for the third month in a row. All of this fuels new fears about the economy in China and the world,” Commerzbank wrote in a note. “That said, Chinese crude oil imports appeared unaffected by any of this in February: according to the Chinese customs authorities, they soared by 22% year-on-year to 10.23 million barrels per day – their third-highest level ever.”

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