Oil prices were mostly unchanged, retreating from an earlier rally. “Oil markets are going to continue to be buffeted by ongoing news out of China, given how much of an impact ongoing lockdowns are having on oil demand in the world’s second-largest consumer,” said Matt Smith, the lead oil analyst at Kpler. OPEC+ will meet on the fourth although policy changes seem unlikely at this point. The dollar was lower earlier in the session but reverted back higher slightly. WTI traded up $.67 or .8% to close at $81.22. Brent traded down $.09 or -.01% to close at $86.88.<\/p>\n\n\n\n
Oil prices were mostly unchanged, retreating from an earlier rally.<\/p>\n","protected":false},"author":2,"featured_media":6111,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[26],"tags":[],"class_list":["post-8070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-petroleum-daily"],"yoast_head":"\n