Production

Oil prices tumble on recession fears, stronger dollar and China Covid lockdowns

Brent and West Texas Intermediate crude futures both fall below $100 per barrel

Hit hard: an onshore drilling rig is pictured in this file photo. A combination of negative factors forced both Brent and West Texas Intermediate crude oil prices down significantly on Tuesday
Hit hard: an onshore drilling rig is pictured in this file photo. A combination of negative factors forced both Brent and West Texas Intermediate crude oil prices down significantly on TuesdayPhoto: MURPHY OIL
Houston
Published 12 July 2022, 17:10Updated 13 July 2022, 08:29
USAChinaSaudi ArabiaUAEoil markets