Oil rally Stalls on Weak Chinese Data, Uncertainty Over OPEC Cut0

• Market
• December 1, 2022

Oil prices were muted on Thursday, cutting short a three-day rally after data highlighted growing economic cracks in major crude importer China, while markets also speculated over whether the OPEC’s last meeting for the year will result in a supply cut. Chinese manufacturing activity- a bellwether for the economy- weakened substantially in November, official and