Crude oil markets reacted positively this week to the announcement of a $411 billion fiscal stimulus package from China, aimed at boosting economic growth through infrastructure and industrial expansion. As the world’s largest oil importer, China plays a pivotal role in shaping global demand, and traders were quick to price in optimism surrounding increased crude consumption. However, the key question remains: will this stimulus be sufficient to counteract headwinds from other regions? While the injection of capital may spur industrial output…
