News Snapshot:
Global financial markets have been rattled by concerns over interest rate hikes and wider lockdowns in China. Crude imports by China in the first four months of 2022 fell 4.8 percent from a year ago, but April imports were up nearly 7 percent [File: Richard Carson/Reuters] Published On 9 May 2022 9 May 2022 facebook twitter whatsapp Oil prices sank 4 percent on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil importer, sparked demand concerns. Brent crude fell $4.47, or 4 percent, to $107.92 a barrel at 11:14pm EDT (15:14 GMT). United States West Texas Intermediate...
