China has reopened its doors following its long zero-Covid policy. But now governments and energy firms around the world are waiting to see what this means both for the energy industry and global supply chains. Experts are uncertain if the reopening of China’s borders means that business will resume as usual or whether ongoing disruptions will be seen due to years of closures and industry challenges.
U.S. West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to US$120.71 a barrel at 0353 GMT, while Brent crude futures eased 25 cents, or 0.2%, to US$122.02 a barrel