Brent slumps to below $100 a barrel on firm dollar, weak demand outlook - Business Standard


7/12/2022 12:00:00 AM2 years 9 months ago
by Reuters

Brent and WTI fall by more than 7 a barrel recession fears and China COVID curbs weigh on oil say analysts OPEC forecasts slower oil demand growth in 2023

Global benchmark Brent crude tumbled to below $100 a barrel on Tuesday due to a stronger dollar, demand-sapping COVID-19 curbs in top crude importer China and fears of a global economic slowdown. Br… [+4258 chars]

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