WTI crude oil heading back through 100 on China worries

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WTI crude oil heading back through 100 on China worries

Oil prices drop notably today on worries over China’s economy. Data released over the weekend showed PMIs hitting the lowest level since February 2020 due to lockdowns. The economy is on the verge of contraction in Q2 as situation is unlikely to improve any time soon. Meanwhile, Libya also temporary resume operation at a terminal, […]

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Source: WTI crude oil heading back through 100 on China worries