Oil prices inch lower as China COVID, recession worries outweigh tight supply - CNA

6/13/2022 12:00:00 AM2 years 10 months ago

:Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose $1.37, or 1.1 per cent, to $123.64 a barrel at 12:20 p.m. EDT (1620 GMT), w…

:Oil prices rose on Tuesday as tight global supply outweighed worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China. Brent crude futures rose $1.37, or 1.1… [+2872 chars]

full article...