Oil Prices Dive as China Covid Concerns Spike

摘要

Oil futures fell on Monday as the market focused on threats to demand,although prices recovered some ground in the afternoon after a rough morning.In London,Brent crude for June delivery fell by $5.60 to close at $102.32 per barrel.In New York,June West Texas Intermediate(WTI)on Nymex fi nished down $3.53 at $98.54/bbl,its fi rst settlement below $100/bbl since early April.