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 Olieprijzen kelderen door onrust in China infographic
Graphic charts Brent and WTI crude oil prices for 2022.


China's Covid-onrust doet olieprijzen dalen

By Ninian Carter

November 28, 2022 - Oil prices have tumbled as concerns grow over falling demand in China following surging Covid-19 cases and unusual government protests.

Oil prices have slumped as protests against Covid-19 restrictions in China fuel concerns over demand.

Brent crude and WTI (West Texas Intermediate) crude have fallen by 3% to trade at around $80 and $74 a barrel respectively – their lowest levels in almost a year.

China is the world’s largest importer of crude oil, but growing concerns about weaker fuel demand due to surging Covid-19 cases and political uncertainty caused by rare protests over harsh Covid restrictions, have prompted selling.

OPEC (Organisation of the Petroleum Exporting Countries) is due to meet on December 4.

PUBLISHED: 28/11/2022; STORY: Graphic News