Oil slides ahead of OPEC+ meeting
Oil prices are down more than 7% at the start of the week, wiping out almost all of last week's gains, as ceasefire talks and Chinese lockdowns take some of the pressure out of the market. Prices have become very elevated and are susceptible to further spikes as Europe looks to pivot away from Russia and sanctions bite.
The fact that Russia and Ukraine are holding negotiations doesn't guarantee we'll see any substantial progress as we've seen all too often in
28-03-2022 13:11 GMT
by Craig Erlam