China’s economic growth could exceed official targets and consumer mobility and spending could surge after the reopening to super-charge a renewed increase in energy commodity prices, especially crude oil, Wood Mackenzie said in a new report on Thursday. “Our scenario is bullish for all commodities. Finely balanced markets for oil, LNG, and coal are leveraged to a super-charged Chinese bounce,” WoodMac’s analysts wrote. Crude oil will be a big winner of the Chinese reopening, with prices set to increase, they noted.…
