Oil falls in volatile trade amid demand concerns, supply disruptions - CNBC


4/18/2022 12:00:00 AM3 yearsago
by Reuters

Investors fretted over tight global supply after Libya was forced to halt some exports and as factories in Shanghai prepared to reopen post a COVID-19 shutdown.

Oil prices tumbled 5% in volatile trading on Tuesday on demand concerns after the International Monetary Fund (IMF) reduced its economic growth forecasts and warned of higher inflation. Prices fell … [+2533 chars]

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