Oil dives 6% as Shanghai lockdowns stoke demand fears - Reuters


4/25/2022 12:00:00 AM3 yearsago

Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in U.S. interest rates.

NEW YORK, April 25 (Reuters) - Oil slumped about 6% on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and … [+2515 chars]

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