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Oil slumps as Shanghai lockdown exacerbates fear of weaker demand

Oil climbs toward 7-year highs on U S stock draw, eyes on OPEC+ move

Oil climbs toward 7-year highs on US stock draw, eyes on OPEC+ move

Oil prices climbed on Wednesday toward last week's seven-year highs as a draw in U.S. crude stocks confirmed strong demand and a lack of supply, but investors remained cautious ahead of an OPEC+ meeting later in the day. Brent crude rose 17 cents, or 0.2%, to $89.33 a barrel by 0339 GMT, after easing 10 cents on Tuesday. U.S. West Texas Intermediate crude was up 16 cents, or

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