Oil falls as China’s COVID-19 outbreak imperils demand outlook - Al Jazeera English

The world’s biggest crude importer is heading for the worst oil demand shock since the early days of the pandemic.

Oil dropped at the start of the week on concerns that a spreading Covid-19 outbreak in China will impact consumption even further. West Texas Intermediate futures slid as much as 6.7%, falling below… [+2485 chars]

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