Oil falls on Ukraine peace talk hopes, China demand fears - Business News, Finance News, Share Market News - Market trendz

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Tuesday 29 March 2022

Oil falls on Ukraine peace talk hopes, China demand fears

Brent crude futures were trading down $1.07, or 1.0%, at $111.41 a barrel at 0107 GMT, having dipped as low as $109.97. U.S. West Texas Intermediate (WTI) crude futures hit a low of $103.46 in an early trade and were down 79 cents, or 0.8%, at $105.17. Both benchmark contracts lost around 7% on Monday.

from Commodities-Markets-Economic Times
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