Oil slips back but upside risks remain
Another volatile day of trade in oil markets has seen Brent and WTI falling around 5%. Lower growth forecasts and slower Chinese growth at the end of the first quarter amid lockdowns appear to have driven the bulk of the move, although it comes following a strong four-day rally after the world's second-largest economy started easing restrictions.
There remain plenty of upside risks to the oil price, even at these levels, which makes today's large declines a
19-04-2022 13:52 GMT
by Craig Erlam
