Oil slides as renewed China COVID curbs temper fuel demand outlook - Sharjah24

7/12/2022 12:00:00 AM2 years 9 months ago
by Sharjah 24
by Sharjah 24
Sharjah24 - Reuters: Oil prices fell on Tuesday as fresh COVID-19 curbs in China, the world's biggest crude importer, and fears of a global economic slowdown weighed on the outlook for fuel demand.
Brent crude futures for September had fallen $1.81, or 1.7%, to $105.29 a barrel by 0633 GMT, while U.S. West Texas Intermediate crude for August delivery was at $102.14 a barrel, down $1.95, or 1.9%… [+624 chars]
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