OilPrice.com July 15, 2026 • 00:00

The Next Oil Rally May Depend On China, Not The Middle East - Crude Oil Prices Today | OilPrice.com

By Alex Kimani

The Next Oil Rally May Depend On China, Not The Middle East - Crude Oil Prices Today | OilPrice.com

China drew heavily on crude inventories during the Iran conflict, slashing imports while maintaining refinery runs and easing pressure on global oil supplies.

Despite record U.S. crude output,…
Speculation that OPEC is weakening…
No longer restricted by OPEC…
By Alex Kimani - Jul 14, 2026, 7:00 PM CDTChinese refiners largely stopped competing for Middle… [+5410 chars]

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