Oil prices fell by 3% early on Wednesday, extending Tuesday’s 5.5% plunge, after China placed millions of residents on Covid lockdowns and Chinese data showed a weakening economic activity. As of 7:40 a.m. ET on Wednesday, WTI Crude had dipped below the $90 per barrel mark and traded at $89.06, down by 2.78% on the day. Brent Crude, the international benchmark, had slipped by 3.33% at $95.92. Oil prices are now headed for a third consecutive month of losses in August and the longest monthly losing streak since 2020. Oil…
Hence then, the article about oil prices continue to fall as china renews covid lockdowns was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Oil Prices Continue To Fall As China Renews Covid Lockdowns )