Byusnewsr1-

Jan 22, 2021

Oil drops as new cases of COVID in China trigger crackdown

Oil drops as new cases of COVID in China trigger crackdown

MELBOURNE: Oil prices fell at the start of trading on Friday, retreating further from 11-month highs reached last week over fears that further pandemic restrictions in China would reduce fuel demand from the world’s largest oil importer. U.S. West Texas Intermediate (WTI) crude futures fell 47 cents, or 0.9 percent, to $ 52.66 a barrel […]
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