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Oil Holds Losses as Traders Weigh China Covid Measures, EU Moves

(Bloomberg) Oil slipped at the start of the month as investors weighed the impacts of China’s measures to contain the coronavirus and moves by Europe to cut its reliance on fuel from Russia.

West Texas Intermediate futures slid as much as 1.2%, after closing 0.6% lower on Friday. ....

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Oil falls as China's COVID restrictions threaten fuel demand | Oil and Gas News

China has implemented stringent measures to fight a coronavirus outbreak, with Beijing closing gyms and cinemas. ....

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Oil falls as China's Covid restrictions threaten fuel demand | Oil and Gas News

West Texas Intermediate dropped 3.58 percent while global benchmark Brent slid 3.2 percent.By Grant Smith and Heesu LeeBloombergPublished On 2 May 202 ....

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