WTI Crude oil futures are holding above $100 per barrel after a China induced tumble earlier in the week. In China lockdowns to counter COVID in Shanghai have dragged into their fourth week. Meanwhile orders for mass testing, including in Beijings largest shopping district, have prompted fears of other Shanghai-style lockdowns. However, escalating Russia-Ukraine war is keeping Oil supported. The commodity is holding up despite firm US dollar and currently trades up 0.35% at $101.78 per barrel.
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