Just as Hal Finney Predicted, Bitcoin Is Being Purchased to Act as a Reserve Currency

Reuters

Oil falls as Shanghai lockdown boosts fears over weaker demand

TOKYO (Reuters) -Oil prices fell more than $3 on Monday as fears over weaker fuel demand in China grew after its financial hub of Shanghai launched a planned two-stage lockdown on Monday to contain a surge in COVID-19 infections. The market kicked off another week of uncertainty, buffeted on one side by the ongoing war between Ukraine and Russia, the world’s second-largest crude exporter, and the expansion of COVID-related lockdowns in China, the world’s largest crude importer. U.S. West Texas Intermediate (WTI) crude futures hit a low of $109.30 a barrel, and were down $3.28, or 2.9%, at $110.62.