News Snapshot:
1/3 Protests against China strict Covid restrictions have erupted in various cities including Beijing and Shanghai. The unrest was behind a heavy decline in the price of oil during early trading on Monday. Photo by Mark R. Cristino/EPA-EFE Nov. 28 (UPI) -- Crude oil prices charted new lows on Monday amid ongoing concerns about demand in China, where a zero-tolerance policy in COVID-19 led to rare protests against the government and President Xi Jinping. The price for Brent crude oil, the global benchmark for the price of oil, was down about 1.3% as of 10:10 a.m. EST to trade at...
