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Oil dives 6% as China lockdowns continue to fuel demand worries

May 10, 2022

Source: The Sundaily

Oil dives 6% as China lockdowns continue to fuel demand worries

NEW YORK: Oil prices sank about 6% yesterday alongside equities, as continued coronavirus lockdowns in China, the top oil importer, fed worries about the demand outlook.

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Oil dives 6% as China lockdowns continue to fuel demand worries

Related News

Aramco Closes in on More Downstream Acquisitions in China

Xi Keeps Focus on Emissions as China Seeks Energy Security

German energy prices are so high they’re driving companie...

Saudi Aramco looks to China and India to prop up oil markets

CNPC Lowers Forecast for China Oil Demand This Year

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Cougar Mechanical Thruster saves C$130k for drilling major

TechnipFMC lands major subsea contracts for Anadarko’s Mozambique project

Indian state requests removal of VAT waiver

China to invest $250 million in Venezuela

Eni begins production from Sankofa field

Trump’s tweet help pushing oil price down

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