Oil prices climb on Chinese stimulus hopes
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 26 2024
0mins
Source: MarketWatch
Crude Oil Price Increase: Crude oil prices rose on Thursday due to optimism surrounding potential Chinese government stimulus measures aimed at boosting demand.
Chinese Treasury Bonds Announcement: The Chinese government revealed plans to issue 3 trillion yuan in special Treasury bonds for 2025, significantly increasing from the 1 trillion yuan planned for 2024.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
