Oil Analyst Shover Looks to China to Stabilize Global Market

The video discusses the correlation between oil prices and trade narratives, highlighting the impact of China's economic stabilization and the EIA report on oil prices. It also explores the factors needed for Brent and WTI price convergence, including the potential stabilization of China's economy and its effects on Europe and the US dollar.

What impact did the retail sales number have on oil prices in the early going?

What theory does Larry propose regarding the stabilization of Brent and WTI prices?