Brent oil falls after closing above US$85 as China seeks to ease energy crisis

October 20, 2021 9:46 PM

NEW YORK (BLOOMBERG) – Brent oil declined from its highest level since 2018 as a US industry report pointed to an increase in crude stockpiles and China unleashed measures aimed at stabilizing its power supplies for the winter.

Source : http://www.straitstimes.com/business/economy/brent-oil-falls-after-closing-above-us85-as-china-seeks-to-ease-energy-crisis