Oil sheds most of Russia war gains with China demand in focus

March 16, 2022 8:18 AM

SYDNEY (BLOOMBERG) – Oil extended its retreat – and has now given up most of the gains following Russia’s invasion of Ukraine – as attention turns to the prospect of reduced demand due to a Covid-19 resurgence in China.

Source : https://www.straitstimes.com/business/companies-markets/oil-sheds-most-of-russia-war-gains-with-china-demand-in-focus