Oil falls on China's COVID-19 cases, high crude build

US crude inventories rise by 4.4 million barrels

Fresh worries: Shanghai reports first locally transmitted cases of Covid-19 in 2 months, fueling worries over the potential for new pandemic restrictions in the area
Fresh worries: Shanghai reports first locally transmitted cases of Covid-19 in 2 months, fueling worries over the potential for new pandemic restrictions in the areaPhoto: REUTERS/SCANPIX
Published 22 January 2021, 23:01Updated 22 January 2021, 23:01