Crude oil opened lower on Monday as citizens of the world’s largest importer of the commodity, China, protested strict COVID-19 restrictions.
Brent crude, the international benchmark for Nigerian oil, fell $2.16, or 2.6%, to $81.47 a barrel during the Asian trading session, after hitting $81.16 a barrel earlier.
U.S. West Texas Intermediate (WTI) crude also fell $2.08, or 2.7%, to $74.20 a barrel, paring losses from $73.
Last week, Brent crude oil lost…
