Oil edges lower as mass COVID testing begins in China Posted on April 28, 2022 by cngpump Brent crude futures fell 37 cents, or 0.4 per cent, to $104.95 a barrel by 0006 GMT. U.S. West Texas Intermediate crude futures fell 27 cents, or 0.3 per cent, to $101.75 a barrel. Related posts: PUC Center Near Me In Delhi CNG Pump Near Me In Mumbai Oil prices extend losses as Shanghai lockdowns hit demand outlook Global oil price extends losses on reserves release, Yemen truce Oil steadies after sharp fall, focus on China growth Oil price headed for 3% weekly fall on emergency stocks release Oil steady despite Libya supply drop, Shanghai preparing to reopen Oil prices slip in early trading, following second straight weekly decline Oil futures open higher on IEA warning on Russian supplies Oil price: Crude oil futures climb as supply concerns linger