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Cointelegraph
Cointelegraph|May 11, 2026 02:42
🇨🇳 NOW:China's crude oil imports have plunged 20% in April to their lowest level in 2 years. State-owned firms are now reselling cargoes to global buyers, signaling demand is far weaker than the supply crisis suggests. (Cointelegraph)
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Timeline

May 12, 16:09EIA lowers this year's price expectations for WTI and Brent crude oil.
May 11, 01:21The People's Bank of China conducts a 7-day reverse repo operation of 500 million yuan.
May 10, 13:58This week's inflation data is released, the market focuses on CPI
May 09, 06:16The appreciation of the RMB is due to the weakening of the USD and strong trade competitiveness.
May 08, 21:02The U.S. action against Iran impacts market sentiment
May 08, 13:52U.S. stocks rose while BTC fluctuated and fell.
May 08, 01:20The People's Bank of China conducts a 7-day reverse repo operation of 500 million yuan.
May 06, 18:04$920 million short positions on crude oil before the Iran agreement
May 06, 14:11Nasdaq Golden Dragon China Index rises over 2%
May 06, 11:34Brent crude oil plummeted over 11%

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