News Snapshot:
Baystreet Staff - Monday, July 11, 2022 Oil Prices Slip On Reports Of Rising COVID-19 Infections In China Oil prices are on the decline amid reports of widespread COVID-19 infections in China, a situation that could lead to renewed lockdowns and slow demand in the world’s biggest energy market. The price of West Texas Intermediate (WTI) crude oil, the U.S. benchmark, fell 2.3% to $102.36 U.S. a barrel in London trading, while the price of Brent crude oil, the international standard, dropped 1.7% to $105.20 U.S. The price drops come as COVID-19 cases continue to rise in Shanghai and other...
