Oil falls as China coronavirus lockdowns spark demand concerns - Al Jazeera English


5/9/2022 12:00:00 AM2 years 11 months ago
by Al Jazeera

Global financial markets have been rattled by concerns over interest rate hikes and wider lockdowns in China.

Oil prices sank 4 percent on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil importer, sparked demand concerns. Brent crude fell $4.47, or 4 percent, to $107.92 a… [+1978 chars]

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