Crude Oil Jan 23 (CL=F)
| Pre. Settlement | N/A |
| Settlement Date | 2022-12-20 |
| Open | 75.93 |
| Bid | 73.85 |
| Last Price | 76.28 |
| Day's Range | 73.60 - 76.49 |
| Volume | |
| Ask | 73.83 |
- Bloomberg
Commodities Sink as Covid’s Spread, Protests Worsen Outlook
(Bloomberg) -- Commodities sank as China’s Covid outbreak worsened and a series of stunning street protests in cities across the nation threaten to derail economic activity and sap demand for energy, food and raw materials.Most Read from BloombergNext Covid-19 Strain May be More Dangerous, Lab Study ShowsUkraine’s Victories May Become a Problem for the USKey Trump 2024 Rivals Silent After His White Supremacist MeetingBase metals in London and Shanghai dropped, with Chinese copper futures declini
- Business Insider
India and China are still snapping up Russian oil — but they are demanding huge bargains which is hitting Kremlin's war chest
Russia is losing about $4 billion a month as Urals crude oil trades at about 40% discount to international Brent crude oil prices, per Bloomberg.
- Reuters
Oil prices slide as China's COVID protests spark demand worries
(Reuters) -Oil prices slumped on Monday as street protests against strict COVID-19 curbs in China, the world's biggest crude importer stoked concern about the outlook for fuel demand. Brent crude dropped $2.43, or 2.9%, to trade at $81.20 a barrel at 0731 GMT, after diving more than 3% to $80.61 earlier in the session - its lowest since Jan. 4. Brent ended the latest week down 4.6%, while WTI fell 4.7%.
