Since Wuhan two years ago, China has been relatively successful in minimizing the disruption by quickly bringing virus cases under control. Now, the geographic spread of infections and the higher transmissibility of ommicron pose a challenge to the Covid Zero strategy. Meanwhile, the Federal Reserve is expected to begin tightening monetary policy on Wednesday, adding to bearish sentiment.

This post Oil loses most of Russian war gains with focus on Chinese demand

was original published at “https://www.bloombergquint.com/business/oil-sheds-most-of-russian-war-gains-with-china-demand-in-focus”