Oil prices retreat on ceasefire hopes

Mar 29, 2022 | Commodities

29..3.22 Global oil prices fell by near 7% on Monday on fears of lower Chinese demand. Shanghai launched a two-stage lockdown to contain a surge in Covid-19 infections, said CommSec. Reuters also noted "Hopes for progress in peace negotiations between Russia and Ukraine, which could start in Turkey on Tuesday, also weighed on prices." Investors […]

 


 

You need an active membership to keep reading

either log in via the form below or click here to subscribe

If you have recently subscribed and selected to pay by bank transfer our admin team will activate your membership once payment has cleared

Your Advertisement Here

Contact us now to discuss advertising options

Your Advertisement Here

Contact us now to discuss advertising options