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Month: April 2022

Health workers wait to give local residents nucleic acid tests to detect Covid-19 at a makeshift testing site in Chaoyang District on April 25

US oil sinks below $100 on China Covid concerns

By Matt Egan, CNN Business Oil prices fell sharply Monday as Covid lockdowns in China stoked concerns that the country’s zero-Covid strategy will sap energy demand in the world’s second-largest economy. US oil dropped 5.6% to a two-week low of $96.33 a barrel Monday morning, while Brent, the world benchmark, fell 4.9% to $101.43 a

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