Oil slumps as worsening outbreak raises demand concerns


SINGAPORE: Oil resumed its decline as China’s virus resurgence worsened, raising concerns about demand from the world’s biggest crude importer.

West Texas Intermediate futures slid below US$96 (RM405.78) a barrel after climbing 2.3% on Friday, the first gain in four sessions.

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Oil and gas , Brent , WTI

   

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