Huge uncertainty for oil
There remains immense uncertainty over the outlook for crude demand and supply which is leading to plenty of volatility in oil markets. The price has rebounded in recent days after WTI fell close to $70, the level at which the White House has previously indicated it will start refilling the SPR following a year of repeatedly drawing it down.
With China finally navigating away from zero-Covid, which alone brings huge uncertainty for next year, the global economy slowing,
14-12-2022 08:27 GMT
by Craig Erlam
