Oil prices slide 3% as China’s COVID protests spark demand worries
Oil prices slumped on Monday as street protests against strict COVID-19 curbs in China, the world’s biggest crude importer stoked concern about the outlook for fuel demand.
Brent crude dropped $2.43, or 2.9%, to trade at $81.20 a barrel at 0731 GMT, after diving more than 3% to $80.61 earlier in the session – its lowest since Jan. 4.
