Oil prices mixed amid China lockdowns, Russian sanctions - Sharjah24

5/16/2022 12:00:00 AM2 years 11 months ago
by Sharjah 24
by Sharjah 24
Sharjah24 - Reuters: Oil prices were mixed on Monday as investor fears of a global recession spurred by lockdowns in China and weak economic data vied with signs the European Union was stepping closer to an import ban on Russian crude.
Brent crude was down 18 cents, or 0.2%, at $111.37 a barrel at 1342 GMT, while U.S. West Texas Intermediate (WTI) crude rose 2 cents, or less than 0.1%, to $110.51 a barrel.The fall in oil prices "is… [+595 chars]
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