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...

Oil joins tumbling commodities as China COVID spread triggers fresh demand worries

Oil prices tumbled on Monday, amid fresh worries that spreading COVID cases and more lockdowns in China will hurt demand. That has added to concerns that Federal Reserve tightening could also weaken p...