Crude oil futures traded lower Monday morning as China, one of the world’s largest importers of crude oil, signaled the continuation of its zero-Covid policy.
As of 10:01 a.m. Monday, January Brent oil futures were at $97.62, down 0.96 percent and December WTI crude futures at $91.48, down 1 .22 percent.
November crude oil futures on the Multi Commodity Exchange (MCX) were trading at £7,518 for the first hour of trading on Monday morning versus the previous…