Lockdown stance helps to push Brent crude to lowest level since Russia’s invasion of UkraineGlobal oil prices have dropped amid concerns over weaker growth in the Chinese economy caused by repeated Covid lockdowns and a downturn in the property sector.A barrel of Brent crude fell by about 5% to below $94 (£78) on Monday, hitting the joint lowest levels since the Russian invasion of Ukraine as traders reacted to weaker figures from the world’s second-largest economy. Continue reading…
Source : theguardian.com
Read more…Oil prices fall on weaker growth in China and property downturn















