Oil prices slide 3% as China's COVID protests spark demand worries - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

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Monday, 28 November 2022

Oil prices slide 3% as China's COVID protests spark demand worries

Brent crude dropped $2.43, or 2.9%, to trade at $81.20 a barrel at 0731 GMT, after diving more than 3% to $80.61 earlier in the session - its lowest since Jan. 4.U.S. West Texas Intermediate (WTI) crude slid $2.16, or 2.8%, to $74.12 a barrel. It fell as far as $73.60 earlier, its lowest since Dec. 22, 2021.

from Commodities-Markets-Economic Times
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