Production

Oil slips as China omits 2020 growth target amid pandemic

Prices slip on demand concerns but both benchmarks remain on track for a fourth weekly gain

Fall in prices: oil slipped on demand concerns from the world's second largest oil consumer as China failed to set an economic growth target for 2020
Fall in prices: oil slipped on demand concerns from the world's second largest oil consumer as China failed to set an economic growth target for 2020Photo: AP/SCANPIX
  • Reuters
ChinaUSAStephen InnesBeijingHong Kong
Published 22 May 2020, 05:46Updated 22 May 2020, 05:46