Oil holds below $100 as traders weigh China's Covid-19 outbreak, sale of US strategic reserves - News24

Oil steadied as traders weighed a Covid-19 outbreak in China and prospects for additional releases from strategic petroleum reserves, against a warning from Vitol Group that prices had likely sunk too far.

• Oil steadied below $100 as traders weighed a Covid-19 outbreak in China.
• The US benchmark sank the most in two years last week after the US government announced a massive release of c… [+3037 chars]
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