Oil drops on recession fears and China COVID curbs - CNA

5/23/2022 12:00:00 AM2 years 11 months ago

LONDON: Oil fell by almost $1 on Tuesday (May 24) as concerns over a possible recession and China's COVID-19 curbs outweighed tight global supply and expectations of a pick-up in fuel demand with the US summer driving season. Investment banks including UBS…

LONDON: Oil fell by almost $1 on Tuesday (May 24) as concerns over a possible recession and China's COVID-19 curbs outweighed tight global supply and expectations of a pick-up in fuel demand with the… [+1862 chars]

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