![Crude oil surges as China demand, output cuts defy expectations](https://cdn.newsserve.net/ONPglobe256.png)
Crude oil surges as China demand, output cuts defy expectations
TOKYO -- Crude oil prices are approaching $100 per barrel amid a reduced international supply and unexpectedly strong demand in China, raising concerns of a resurgence in global inflation. Futures in U.S. benchmark West Texas Intermediate crude rose to around $95 per barrel recently, up from the…
#tokyo