Crude drops on dire Delta despite North Asia LNG demand spike

THE prices of both Brent crude and West Texas Intermediate are down this week as concerns surrounding shutdowns in China dampen demand and sentiment.

Crude drops on dire Delta despite North Asia LNG demand spike Crude drops on dire Delta despite North Asia LNG demand spike Crude drops on dire Delta despite North Asia LNG demand spike Crude drops on dire Delta despite North Asia LNG demand spike Crude drops on dire Delta despite North Asia LNG demand spike

US highway miles travelled at pre-COVID-19 levels

 

WTI is sitting at $68.88 per barrel and Brent Crude is trading at $66.84/bbl, representing a 2% decline for each benchmark.