Crude oil prices began the week with gains after China reopened its borders, spurring optimism that the country was indeed coming out of its Covid-related self-isolation. This optimism pushed both Brent crude and West Texas Intermediate up by more than a percentage point in morning Asian trade today, although both remained below $80 per barrel at the time of writing. "Crude oil prices recovered from the previous week's losses as the economic reopening in China and less aggressive monetary tightening prospects from the Federal Reserve set a positive…
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