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...
Tag: Heating Oil May 2022
Oil futures suffer biggest weekly percentage decline in nearly 2 years
Oil futures ended lower Friday, with prices posting their largest one-week percentage loss in nearly two years. Prices declined on the back of the largest-ever release from U.S. crude reserves and new...