Commodities Week Ahead: Fed And China’s COVID Curveballs Weigh On Oil 

and the ,Futures that can be played with 100 yuan China’s relentless curbs against COVID are hampering oil’s comeback bid on OPEC+’s production cuts. 

 

, the benchmark for U.S. crude, was down 1.2%, at $86.84 a barrel, after a gain of around 3.5% over the past two weeks.

, the global benchmark for oil, was also down around 1.2%, at $92.63 per barrel. Brent gained nearly 4.5% over the last two weeks.

report will be in the spotlight. 

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