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Strategies & Market Trends : Dino's Bar & Grill

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To: Goose94 who wrote (98100)	11/20/2020 1:04:54 PM
From: Goose94	Read Replies (1) of 202707

Crude Oil: Asia’s demand looks strong.While oil demand in Europe and the United States continues to disappoint, refiners in Asia are racing to procure crude from around the world, giving the oil market some hope that at least in one region, demand is strengthening in the fourth quarter. China stockpiled oil this year when prices were cheap, offering an extra bit of demand to the market. Reuters reports that China’s private refiners will stockpile an additional 100 million barrels in 2021.

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