Oil drops below $100 on reserves release and China lockdowns - Geo News


4/11/2022 12:00:00 AM3 years 10 months ago
by Reuters

Brent crude is down $3.93 at $98.85 a barrel. US West Texas Intermediate crude loses $4.19 to $94.07

  • IEA members to release 60 million barrels over six months.
  • US producers added 13 oil rigs in the week to April 8.
  • Brent dropped 1.5% last week, while WTI dipped 1%.
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