Oil rises as China lifts Covid restrictions ...News

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Oil rises as China lifts Covid restrictions
Beijing has said it will end quarantine for travelers in January Global oil prices climbed to their highest in three weeks on Tuesday as the world’s biggest crude importer, China, announced it was ending some of its most stringent Covid curbs, spurring hopes of a fuel demand recovery. International benchmark Brent crude was up 0.55%, to $84.38 a barrel at 09:55 GMT while US West Texas Intermediate crude rose to as high as $80. Both benchmarks hit their highest price since December 5. The price jump comes as China’s National Health Commission announced on Monday it would stop requiring inbound travelers to go into

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