Oil prices slump as new Covid lockdowns threaten global energy demand ...News

Russia Today - Economy
Oil prices slump as new Covid lockdowns threaten global energy demand
source : Russia Today ( News ) () 39
Global crude prices continued their slide on Monday, after Brent blend had its steepest decline last week since April. Concerns are growing that new lockdowns could hit the global demand for fuel. Brent dropped as much as 4.6 percent, to $35.74 a barrel, hitting its lowest level since May, as economists downgraded their European growth forecasts due to the introduction of new restrictions throughout the eurozone. The international benchmark is currently down 45 percent from the start of the year. US West Texas Intermediate tumbled almost seven percent to $33.64, before paring back losses to hit $34.86 a barrel. More economies across Eu

Hence then, the article about oil prices slump as new covid lockdowns threaten global energy demand was published today ( ) and is available on Russia Today ( News ) 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 slump as new Covid lockdowns threaten global energy demand )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Economy
BlackRock, EQT To Acquire AES Corp. in $33.4B Deal
OILPRICE - before 11 hour & 18 minute
New York Healthcare Entrepreneur Bracha Banayan Launches Hello Dose Telehealth Platform for Clinician-Supervised GLP-1 Weight Management Care, Introducing the DROP™ Method Framework
PR Newswire - before 8 hours & 44 minute
Transformation as a Living Discipline: Deloitte and ServiceNow Report Reveals Key Trends Connecting the AI-Fueled Enterprise
PR Newswire - before 8 hours & 56 minute
ETS and PSI Win IT Certification Council's 2026 Innovation Award
PR Newswire - before 4 hours & 28 minute
YY-IC Achieves ISO 9001 Certification, Launching Data-Driven Intelligence Platform to Mitigate Risks in Rare and EOL Electronic Component Supply Chains
PR Newswire - before 10 hours & 18 minute
JPMorgan: Oil Prices Could Hit $120 Per Barrel
OILPRICE - before 11 hour & 47 minute
Stoneridge, Inc. to Broadcast Its Fourth Quarter 2025 Conference Call on the Web
PR Newswire - before 4 hours & 41 minute
Arctic Air Drives Natural Gas Volatility Across the Northeast
OILPRICE - before 10 hours & 47 minute
MWC 2026 .. Fibocom and MediaTek Launch Flagship Wi-Fi 8 CPE Solution
PR Newswire - before 4 hours & 2 minute
Qatar’s Latest LNG Mega-award Signals a Full Strategic Turn to the West
OILPRICE - before 2 hours & 48 minute
BE OPEN félicite les jeunes pour leur contribution à la transition vers le développement durable à l'occasion des Journées mondiales de l'énergie durable
PR Newswire - before 7 hours & 53 minute
Pacific Avenue Capital Partners to Acquire IAC's Care.com
PR Newswire - before 5 hours & 17 minute


Latest News

BE OPEN würdigt junge Menschen für ihren Beitrag zur nachhaltigen Wende während der World Sustainable Energy Days

before hour & 24 minute

Qatar’s LNG Blackout Just Broke the Global Gas Market

before hour & 43 minute

Royal Mint gives Spice Girls fans what they really, really want with new coins

before 2 hours & 22 minute

Shop price inflation eases – but food costs are still up from a year ago

before 2 hours & 48 minute

Qatar’s Latest LNG Mega-award Signals a Full Strategic Turn to the West

before 2 hours & 48 minute

3 Greenberg Traurig Lawyers Recognized in 2026 Lawdragon 500 Global Leaders in Crisis Management

before 2 hours & 58 minute

Surging Oil Prices Could Derail Pakistan’s Fragile Economic Recovery

before 3 hours & 52 minute

MWC 2026 .. Fibocom and MediaTek Launch Flagship Wi-Fi 8 CPE Solution

before 4 hours & 2 minute

ETS and PSI Win IT Certification Council's 2026 Innovation Award

before 4 hours & 28 minute

Stoneridge, Inc. to Broadcast Its Fourth Quarter 2025 Conference Call on the Web

before 4 hours & 41 minute

Brazil’s Oil Production Keeps Growing

before 4 hours & 44 minute

Genus Power übertrifft weltweit 26 Millionen installierte Smart Meter und festigt damit seine Führungsposition im Bereich der End-to-End-Lösungen für fortschrittliche Messsysteme

before 4 hours & 53 minute

Missile Attacks Are Overwhelming the Gulf. Delivery Drivers Are Still on the Roads

before 5 hours & 5 minute

Pacific Avenue Capital Partners to Acquire IAC's Care.com

before 5 hours & 17 minute

GoNoodle Announces Dr. Seuss as Their Official Literacy Partner with Launch of New Channel to Kick Off National Reading Month!

before 5 hours & 28 minute