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WTI oil price sinks 5% on Ukraine, China

US benchmark oil West Texas Intermediate slid Monday on Ukraine peace hopes and after major consumer China imposed a Covid lockdown on the tech hub of Shenzhen. WTI slid almost 5.1 percent to $103.80 per barrel, while European benchmark Brent North Sea crude shed 4.0 percent to $108.13. "Prices are falling... due to positive signs from the talks conducted at the weekend by
United States Vladimir Putin Hargreaves Lansdown Carsten Fritsch West Texas Intermediate Brent North Sea

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