💨 Abstract

Oil prices rose on Monday due to positive manufacturing data from China, the world's largest crude importer. China's manufacturing activity expanded at its fastest pace in three months in February. However, uncertainty remains about a Ukraine peace deal, global economic growth due to potential U.S. tariffs, and ongoing attacks on Russian refineries. Investors are watching China's annual parliamentary meeting for further measures to support its economy.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖