China Is New Swing Buyer of Oil, Blanch Says

Francisco Blanche of Bank of America writing, we do not think the world has a crude oil problem right now, but are very worried about fuel availability. Francisco joins us now for more. Francisco, wonderful to see you. Great to see you, Lisa.What's going on. Why are oil prices declining today. Well, I mean, look.The the market is incredibly volatile. We have this news that maybe there's more more crude oil coming through, The Strait, but, we still have three of the world's, four main refining centers, basic ...

China Is New Swing Buyer of Oil, Blanch Says - Reportify