![WTI Oil Jumps Above $80 As China Scraps Covid Restrictions](https://cdn.newsserve.net/ONPglobe256.png)
WTI Oil Jumps Above $80 As China Scraps Covid Restrictions
The U.S. benchmark oil price rose on Monday evening and early on Tuesday to above $80 per barrel after China announced on Monday a major easing of its Covid travel quarantine rules and after Winter Storm Elliott knocked offline around 1.5 million bpd of refinery capacity in the U.S. Gulf Coast. As…
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