Brent crude hits two-month high as China lifts COVID restrictions. Analyst predicts $124/barrel is next.

Brent crude surged to levels not seen in two months on Monday, as easing COVID restrictions in China’s biggest cities drove fresh hopes for demand. U.S. markets will be closed on Monday in observance ...

Oil under pressure to start the week, as Saudis drop prices, China exports slump

Crude tracked a selloff in global assets on Monday, with the commodity pressured as Saudi Arabia slashed cut prices for Asian customers and elsewhere, and China reported sharply weaker export data. Pr...