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Oil Rises as New Russia Sanctions Outweigh Demand Worries

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

United statesUnited kingdomVolodymyr zelenskiyHiroyuki kikukawaToshitaka tazawaFujitomi securities co ltdInternational energy agencyAmerican petroleum instituteFederal reserveTexas intermediatePresident volodymyr zelenskiyMiddle eastMiddle eastAl qaeda

Oil Falls as Shanghai Lockdown Boosts Fears Over Weaker Demand

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

United statesSaudi arabiaTetsu emoriKazuhiko saitoFujitomi securities co ltdEmori fund management incStrategic petroleum reserveTexas intermediateEmori fund managementMiddle eastAl qaeda

Oil slumps as Shanghai lockdown raises fears over drop in demand

Brent crude futures slid as low as $116.00 a barrel and were trading down $3.88, or 3.2%, at $116.77 at 0131 GMT.

United statesSaudi arabiaFujitomi saitoKazuhiko saitoFujitomi securities co ltdOrganization of the petroleum exporting countriesStrategic petroleumTexas intermediatePetroleum exporting countriesStrategic petroleum reserveOil pricesCovid lockdown

Oil falls on Ukraine talks, fears of slower demand in China

Oil prices slid to a two-week low on Tuesday on continued ceasefire talks between Russia and Ukraine and concerns about demand in China after a surge in COVID-19 cases..

United statesUnited kingdomSaudi arabiaNaftali bennettVolodymyr zelenskiyShivani singhYuka obayashiToshitaka tazawaBoris johnsonFujitomi securities co ltdInternational energy agencyTexas intermediatePresident volodymyr zelenskiyIsraeli prime minister naftali bennettEnergy agencyFatih birol

Oil falls on Ukraine talks, fears of slower demand in China

Oil prices slid to a two-week low on Tuesday on continued ceasefire talks between Russia and Ukraine and concerns about demand in China after a surge in Covid-19 cases. Brent futures dropped $4.20 or 3.9 per cent to $102.70 a barrel by 0125 GMT after falling 5.1 per cent the previous day. US West Texas Intermediate (WTI) crude fell below $100 level for the first time since

United statesUnited kingdomSaudi arabiaNaftali bennettVolodymyr zelenskyyToshitaka tazawaBoris johnsonFujitomi securities co ltdInternational energy agencyTexas intermediatePresident volodymyr zelenskyyIsraeli prime minister naftali bennettEnergy agencyFatih birolPrime minister boris johnsonBusiness news

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