Wednesday, May 20, 2026
Oil prices steady while hopes for China demand rebound fade- oil and gas 360

Oil prices steady while hopes for China demand rebound fade

Yahoo Finance LONDON – Oil prices were stable on Monday, close to $100 a barrel as support from a weaker dollar and recovering Chinese crude imports met renewed demand concerns linked to China’s stringent COVID containment approach.   Brent crude futures were down 1 cent, or 0.1%, to $98.56 a barrel at 1444 GMT. U.S. West Texas Intermediate crude rose