BUSINESSCNBC TOP
China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
China's reduced oil imports since the Iran war began have helped keep global crude prices below $100, though analysts caution this may not be sustainable.
Related Signal
Adjacent reporting
- Is the Gulf losing its grip on the oil world?
- U.S. crude oil falls below $100 per barrel after Trump says Iran talks in final stages
- Markets Can Live With $100 Oil for a While, JPM’s Michele Says
- Why oil’s not at $200 after the biggest supply shock in history
- Monthly oil prices set to dip as Iran war reaches stalemate
- The Iran war may be winding down, but the era of $60 oil could be over