![Oil prices drop, but the forecast for China keeps them up](https://market-tracker.in/wp-content/uploads/2023/01/crude-oil-3333-1.jpg)
Oil prices drop, but the forecast for China keeps them up
Due to the east Asian Lunar New Year vacation, which thinned down early trading on Monday, oil prices dipped lower. However, they managed to hold onto the majority of last week’s gains due to the likelihood that China, the world’s top oil consumer, will experience an economic revival this year. The price of Brent crude…