US West Texas Intermediate and international benchmark Brent crude futures traded lower on Monday after data from China continued to show weak demand as strict COVID-19 policies and fuel exports dampened consumption.
At 11:20 GMT, December Crude Oil WTI is at $84.03, down $1.02 or -1.20% and December Brent crude oil stands at $92.59, down $0.91 or -0.97%. On Friday the United States Oil Fund ETF (USO) priced at $70.59, up $0.41 or +0.58%.
