Contracts for Brent crude and U.S. West Texas Intermediate had edged up nearly 1% earlier in the session but later reversed their trajectory and headed lower.
Brent crude futures were down 32 cents, or 0.3%, to $95.67 a barrel by 0725 GMT after settling up 1.1% on Friday while WTI crude futures fell 39 cents, or 0.4%, to $88.57 a barrel after closing Friday's session 2.9% higher. "USD strength appears to be weighing on oil and the broader commodities complex this afternoon," said Warren Patterson, head of commodities strategy at ING. "There probably is also an element where the market got a bit ahead of itself on Friday following an easing in China's COVID related quarantine measures.
Source: Financial Digest (financialdigest.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
China Returns to Lockdowns as Cases of COVID-19 SurgeEveryone in a district of 1.8 million people in China’s southern metropolis of Guangzhou has been ordered to undergo virus testing while a major city in the southwest closed schools as another rise in infections was reported. Illinois psyops tv. Don’t tell the public there are supplements to boost immunity. Push a vax which is deadly and causes mass injury - fact. Vaers, fda, cdc data and statements. Ya your also going to claim the RSV is in the rise in children requiring MASK and SHOTS again. 1 in 500 get it before 5 and 1/4 of a MILLION are effected by it. This is NOT our next pandemic we will not let this happen again. Media will flood us with fear mongering & lies. Why hasn’t China invested in a scalable solution that targets mucosal immunity that could prevent infection & transmission? It would be easy, cheap, safe & more effective to ship & deliver billions of Vaxart‘s Covid19 💊 vaccine & booster to everyone.
Source: nbcchicago - 🏆 545. / 51 Read more »
China says it will continue fine-tuning COVID measuresChina will keep fine-tuning its steps to control COVID-19 as it tries to minimise infections and serious cases, officials said on Saturday, a day after surprise announcements to lessen the impact of a strict zero-COVID policy. There is nothing to fine tune. The world has moved on and forgot about Covid. However China had been living under a rock forever. There is something fundamentally wrong about the mindset of these people Better better
Source: Reuters - 🏆 2. / 97 Read more »
China tightens restrictions as rise in Covid cases reportedEveryone in China’s Guangzhou district was ordered to stay home Saturday to undergo virus testing and a major city in the southwest closed schools as another rise in Covid infections was reported. These zero-COVID ideas are akin to Mao killing all the sparrows in 1958. Thought there was a pill. And a vaccine and booster This should be framed as a human rights violation, rather than framed with rising covid infections.
Source: NBCNews - 🏆 10. / 86 Read more »
Yellen to seek clarity from China on COVID, property -officialsU.S. Treasury Secretary Janet Yellen will seek clarity on China's plans to ease its COVID-19 restrictions and deal with problems in its property sector when she meets on Monday with China's central bank chief, Treasury officials said on Sunday. This is a psychological pandemic that is being conducted by the WEF through the science™/ scientists™/experts™/fact-checkers™. I'd have more faith walking down the streets of Wuhan, China licking doorknobs than I would listening to what Janet Yellen has to say. She's a WEF puppet and fraud. Oh, I’m sure China will provide clarity now that Yellen seeks it. 🙄
Source: Reuters - 🏆 2. / 97 Read more »
China reports 16,203 new COVID cases for Nov 13 vs 14,878 a day earlierChina reported 16,203 new COVID-19 infections for Nov. 13, of which 1,794 were symptomatic and 14,409 were asymptomatic, the National Health Commission said on Monday. This must be fake news Lie. They just want to lock everyone up in camps.
Source: Reuters - 🏆 2. / 97 Read more »
Oil prices extend gains on China demand hopesOil prices rose nearly 1% on Monday, extending gains from the previous session as China eased some of its strict COVID-19 protocols, fuelling hopes of a recovery in economic activity and demand at the world's top crude importer. I have blco Timber Logs both soft and hard wood
Source: Reuters - 🏆 2. / 97 Read more »