Oil prices fall ahead of NATO meeting
After rallying since the middle of last week, crude prices declined as energy traders await what actions come from this week’s NATO summit. Crude supply shortage concerns were somewhat alleviated after reports that China is buying Russian crude at a big discount. It looks like two key economies, China and India are still buying Russian oil and that will likely put a halt to the recent rebound in prices.
The short-term crude demand outlook might need a do
22-03-2022 12:43 GMT
by Edward Moya