Post Tagged with: "worries"

Source: CNBC

Oil slips on China demand worries, while EU weighs Russia oil ban


Oil slipped Tuesday as concerns about the demand outlook due to prolonged Covid lockdowns in China outweighed support from a possible European oil embargo on Russia over its actions in Ukraine.

Beijing, reporting dozens of new cases daily, is …

Source: Reuters

Oil falls on China growth worries as EU weighs Russian crude ban


Oil prices fell on Monday as concerns over weak economic growth in China, the world’s top oil importer, overshadowed fears supply might be crimped by a potential European Union ban on Russian crude.

Brent crude futures were down $3.23, …