Oil futures fell early Tuesday, giving up some ground regained in back-to-back winning sessions as traders weighed data on Chinese crude imports.
Price action
Market drivers
Data released Tuesday showed China’s crude imports fell 16% to 10.36 million barrels a day in April, according to news reports, underlining concerns about the strength of demand from one of the world’s largest importers after Beijing lifted strict COVID-19 curbs at the end of 2022.
The…
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