Re China cancelling its zero-covid & severe lockdowns' policy last week, many analysts are predicting that China will is likely to have strong economic & activity & growth from mid 2023 It was very poor in 2022. Energy prices are expected to rise from mid 2023.
Reuters J. Kemp 14.12.22 said energy prices will rise.
https://www.reuters.com/markets/commodities/chinas-re-opening-j-curve-oil-consumption-2022-12-13/
"Bloomberg Economics reckons that a China reopening would boost global commodity prices and could create supply chain backups that would put pressure on the prices of many goods and services. Assuming China is fully open by mid-next year, energy prices could increase by 20 per cent"...
https://www.copyright link/policy/economy/why-china-could-keep-global-inflation-running-hot-20221213-p5c5w5
AFR E. Curran 14.12.22 said
Market Revaluation underway..., page-157
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