Oil prices rebound after last week’s 8% drop as traders weigh China-demand concerns

Oil prices were rising on Monday morning, regaining some of last week’s 8% decline after China lowered its benchmark lending rates, part of a series of stimulus measures to revive the flagging economy for the world’s top oil importer.
Article Attribution | Read More at Article Source
The post Oil prices rebound after last week’s 8% drop as traders weigh China-demand concerns appeared first on RocketNews.