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    NewspapersOil & GasThe Economic Times

    Oil slips as China COVID curbs outweigh concerns over U.S. output

    Biju Kumar
    By Biju KumarOctober 31, 2022

    SINGAPORE: Oil prices fell on Monday on concerns that widening COVID-19 curbs in China will curtail demand, offsetting signs that output at the top U.S. shale field is losing steam.

    Brent crude futures dropped 36 cents, or 0.4%, to $95.41 a barrel by 0151 GMT after slipping 1.2% on Friday.

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