China lockdowns, EU disagreements drive oil prices lower

Both Brent and West Texas Intermediate crude oil prices were down more than 6% Monday afternoon

No consensus: EU member nations have yet to reach agreement on a ban on Russian oil imports — No consensus: EU member nations have yet to reach agreement on a ban on Russian oil importsPhoto: Yanni Koutsomitis

Mark Passwaters

Houston

China Russia EU G7 Americas

Published 9 May 2022, 19:23Updated 10 May 2022, 00:01