For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Will Oil Prices Soar as the U.S.-Iran Truce Frays? The Answer Lies With China.
For decades, OPEC influenced the market by how much oil it produced. But China, the largest importer, is demonstrating its remarkable power over prices.
Source:
The New York Times
