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Tag Archives: Oil prices climb on easing China Covid-19 curbs

Oil prices climb on easing China Covid-19 curbs, concerns over US storm impact


December 27, 2022

Oil prices rose to three-week highs on Tuesday as China’s latest easing of Covid-19 restrictions raised fuel demand hopes and concerns that winter storms across the United States are affecting energy production continued to buoy prices. Brent crude was up 88 cents, or 1.1 per cent, at $84.80 a barrel by 0253 GMT, while US West Texas Intermediate crude was at $80.44 …

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