Oil prices subdued; outlook positive on Chinese demand hopes
Energy markets could be tighter in 2023, especially if the Chinese economy recovers and the Russian oil industry struggles under sanctions
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Oil prices subdued; outlook positive on Chinese demand hopes

### Response: Energy markets could be tighter in 2023, especially if the Chinese economy recovers and the Russian oil industry struggles under sanctions