Yahoo Finance LONDON -Oil prices were mixed on Monday as investor fears of a global recession spurred by lockdowns in China and weak economic data vied with signs the European Union was stepping closer to an import ban on Russian crude. Brent crude was down 18 cents, or 0.2%, at $111.37 a barrel at 1342 GMT, while U.S. West Texas
CNBC Oil prices slipped on Monday alongside equities and was weighed down by a strong dollar and demand concerns on the back of continued coronavirus lockdowns in China, the world top oil importer. Brent crude fell 2.3%, or $2.61, to $109.78 per barrel. U.S. West Texas Intermediate crude was at $106.87, for a loss of $2.88, or 2.6%. Both contracts have gained
CNBC Oil prices rose for a fourth day on Friday as fears over Russian supply disruption trumped COVID-19 lockdowns in China, the world’s biggest crude importer. Brent crude futures rose 2% to $109.73 per barrel. The front-month June contract expires later on Friday. The more active July contract rose $1.54 to $108.80. U.S. West Texas Intermediate crude gained 1.25% to trade
CNBC Oil prices slid Monday, accelerating two straight weeks of declines as lockdowns in China sparked demand fears. International benchmark Brent crude declined 3.9%, or $4.02, to trade at $98.72 per barrel. West Texas Intermediate crude futures, the U.S. oil benchmark, shed $3.95, or 4%, to trade at $94.33 per barrel. “The spread of Covid in China is the most bearish item
Reuters Oil prices fell around $7 a barrel on Monday as investors pinned hopes on diplomatic efforts between Ukraine and Russia to end their conflict, while a surge in COVID-19 cases in China spooked the markets. Brent was down by $6.78, or 6%, at $105.89 a barrel at 1358 GMT and U.S. crude fell $7.01, or 6.4%, to $102.32. Both
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