Get all your news in one place.
100's of premium titles.
One app.
Start reading
Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

THE TRUTH ABOUT: Oil falls on recession jitters china covid curbs - The Untold Story

Oil China Recession United States Covid-19 Stephen Innes Singapore
The sun is seen behind a crude oil pump jack in the Permian Basin in Loving County, Texas, US, November 22, 2019. REUTERS/Angus Mordant/File Photo

Oil prices fell around $1 on Monday in volatile trade, reversing some gains from the previous session, as worries about a recession and China's COVID-19 curbs hitting demand outweighed ongoing concerns about tight supply.

Brent crude futures fell 82 cents, or 0.8%, to $106.20 at 0314 GMT, after climbing 2.3% on Friday, Reuters reported.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
'She Remembered Who She Is': Fans React as Jennifer Lawrence Channels Katniss for the Midterms
Jennifer Lawrence encouraged followers to vote in the US midterm elections using a Hunger Games-inspired salute and caption, prompting fans to draw their own comparisons with Donald Trump.
International Business Times UK
International Business Times UK
How Anthony Ippolito talked his way into playing Sylvester Stallone in 'I Play Rocky'
Anthony Ippolito took a bold step to land the starring role in “I Play Rocky.”
The Independent UK
The Independent UK
Harry Styles Complains About Tipping Culture as Fans Fire Back Over His $1,000 Concert Tickets: 'Tone Deaf'
Harry Styles' $10 cappuccino and tipping comments at Madison Square Garden prompt debate as fans compare them with his premium concert ticket prices.
International Business Times UK
International Business Times UK
‘A true icon of the hair industry’: celebrity hairstylist John Frieda dies aged 75
Businessman styled stars such as Twiggy, Madonna and Joanna Lumley and created popular hair care line Frizz Ease
The Guardian - UK
The Guardian - UK
They fell in love on The Simpsons and married in real life. Meet the French Homer and Marge
They have brought TV’s most famous cartoon couple to life in France for the last 38 years. Philippe Peythieu and Véronique Augereau tell all about working and living together for so long, still being lovebirds – and rarely arguing
The Guardian - UK
The Guardian - UK
Wisconsin man turns discarded roadside wood into all 32 NFL team logos after 700 hours of work
Ike Wynter, a Wisconsin wood artist, transformed discarded furniture into all 32 NFL team logos. His project, started in 2016, took over 700 hours to complete while attracting attention from the NFL. The logos were displayed at the 2025 NFL Draft held at Lambeau Field in Green Bay, Wisconsin. Wynter…
The Times of India
The Times of India
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play