Risk appetite is on the rise again
WTI oil prices rebounded after falling below $73 per barrel on rumours of a possible production cut by OPEC+ members at their meeting on 4 December.
WTI oil prices rebounded after falling below $73 per barrel on rumours of a possible production cut by OPEC+ members at their meeting on 4 December. Risk appetite is rising, and the restrictions to combat the spread of COVID-19 in China are expected to be eased. The decision by a Chinese regulator to allow developers listed on the stock market access to refinancing also added to the optimism. Oil prices are likely to continue rising.
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