News Snapshot:
Julianne Geiger - August 15, 2022 9:21 am CDT July economic data worsened due to China's restrictive policies to combat the coronavirus. China's central bank cut lending rates on Monday. Crude oil prices fell more than 5% on Monday morning. Oil prices fell sharply on Monday due to disappointing economic data from the world's largest importer of crude oil and the world's second largest consumer of crude oil.The price of WTI and Brent crude fell more than 5% as China's central bank cut lending rates to fuel demand fires as its July economic data soured amid China's restrictive zero-coronavirus policy....
