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AT A GLANCE After falling as much as 30% during COVID lockdowns, global oil demand is now back to about 95% of its pre-pandemic highs Tensions with China and a new wave of European lockdowns continue to threaten a recovery in U.S. crude oil exports As a market strategist and trader, I’ve always told anyone who would listen that one of my favorite things about commodities like crude oil is the pure supply and demand dynamics of the market. At the end of the day, that is their driver, and while that may be true of all other tradeable assets at their core, it is the bottom and the top line for crude oil. No earnings to analyze, no CEO scandals, no mergers, no bankruptcies. Just analyze how much oil is out there and how much demand there is to offset that supply.

United statesBob iaccinoOil consumptionCrude oilExports surgeஒன்றுபட்டது மாநிலங்களில்எண்ணெய் நுகர்வுகச்சா எண்ணெய்ஏற்றுமதிகள் எழுச்சி