Shanghai shutdown dents the oil price, while investors take a wait and see approach over Ukraine

Susannah Streeter

28 March 2022

Susannah Streeter, senior investment and markets analyst, Hargreaves Lansdown: 

”China’s zero tolerance covid strategy is causing fresh nervousness about supply chain issues and a slowdown for some sectors with the Shanghai shutdown prompting a fall in the oil price. A barrel of Brent crude dipped by around 3% after tough restrictions were put on the financial and manufacturing hub. 25 million people are facing lockdown in two stages, while mass testing is carried...

https://allaboutshipping.co.uk/2022/03/28/shanghai-shutdown-dents-the-oil-price-while-investors-take-a-wait-and-see-approach-over-ukraine/

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