Oil drops as China Covid-19 cases trigger crackdown
Oil drops as China Covid-19 cases trigger crackdown
Oil prices fell on Friday, retreating further from the 11-month highs reached last week, weighed down by fears that new pandemic restrictions in China will reduce fuel demand at the world’s largest oil importer. Brent futures fell 73 cents, or 1.3%, to $ 55.37 a barrel at 1501 GMT, after gaining 2 cents on Thursday. […]
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