Volatility surges on China oil futures after US sanctions Yangshan port
1. U.S. sanctions may disrupt physical deliveries of crude oil in China. 2. Increased volatility in Chinese crude futures could impact global oil prices.
FAQ
Why Bullish?
Potential supply disruptions from U.S. sanctions may increase global oil prices, benefiting BNO.
How important is it?
Sanctions on China’s oil may lead to price increases affecting BNO's market position.
Why Short Term?
The immediate effect of sanctions could escalate volatility in oil prices soon.