Oil prices tumble, weighed down by China lockdowns - Moneycontrol

5/9/2022 12:00:00 AM2 years 11 months ago
by Reuters
by Reuters
Brent crude fell $4.47, or 4%, to $107.92 a barrel at 11:14 p.m. EDT (1514 GMT). U.S. West Texas Intermediate crude fell, or 4.3%, $4.67 to $105.10 a barrel.
Oil prices sank 4% on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil importer, sparked demand concerns. Brent crude fell $4.47, or 4%, to $107.92 a barrel at 11:… [+2062 chars]
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