Oil falls on Ukraine talks, fears of slower demand in China - Business News, Finance News, Share Market News - Market trendz

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Tuesday 15 March 2022

Oil falls on Ukraine talks, fears of slower demand in China

Oil prices slid to a two-week low on Tuesday on continued ceasefire talks between Russia and Ukraine and concerns about demand in China after a surge in COVID-19 cases. Brent futures dropped $4.20 or 3.9% to $102.70 a barrel by 0125 GMT after falling 5.1% the previous day.

from Commodities-Markets-Economic Times
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