Oil near flat as inflation concerns contend with potential quarantine easing in China

Meanwhile, Beijing is considering cutting the quarantine period for visitors to seven days from 10 days, Bloomberg news reported on Thursday, citing people familiar with the matter. China, the world's largest crude importer, has stuck to strict COVID-19 curbs this year, which weighed heavily on business and economic activity, lowering demand for fuel.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...