Brent crude climbs above $120 a barrel as China eases lockdowns - Al Jazeera English


5/30/2022 12:00:00 AM2 years 11 months ago
by Al Jazeera

The rally in oil was also propped up on word that Europe was nearing a deal on an embargo of Russian oil.

Oil climbed to a two-month high as China eased anti-virus lockdowns and the EU worked on a plan to ban imports of Russian crude. Brent crude rose above $120 a barrel, building on last weeks 6% rally… [+2761 chars]

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