Crude Volatility Increases Amid Sluggish Activity in China
August 16, 2021 at 13:59 PM EDT
Crude oil and crude ETFs tumbled by more than 3.5% on Monday to a one-week low, falling for a third consecutive trading session amid slowing economic activity in China and suggesting that new coronavirus outbreaks could be hamstringing the world’s second-largest economy. Although the chaos...