Natural Gas and Oil Forecast: Will China's Demand Boom Drive Prices Higher?
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China's increasing demand for natural gas and oil, coupled with geopolitical risks, may lead to higher energy prices. The market is at a crossroads, with potential for either a price surge or a pullback.
March 17, 2025 | 7:30 am
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The United States Brent Oil Fund (BNO) may experience price fluctuations due to China's rising demand for oil and geopolitical tensions, which could drive oil prices higher.
BNO, as a fund tracking Brent oil prices, is directly impacted by global oil demand and geopolitical risks. China's demand surge and potential geopolitical tensions could lead to higher oil prices, positively affecting BNO in the short term.
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