StockWatch: Shanghai Lockdown Halts Oil Ascent!
Oil has fallen over $5 over weaker fuel demand as Shanghai launched a two-stage lockdown to contain a surge in Covid-19 infections.
However, oil markets could turn bullish when OPEC meets on Thursday.
As the largest global crude importer pushes for zero Covid, what is next in store for the black gold?
- WTI 02:00
- XAUUSD 03:45