Brent crude futures rose 21 cents, or 0.2%, to $113.37 a barrel at 0020 GMT, while U.S. West Texas Intermediate (WTI) crude futures slipped 2 cents to $108.19 a barrel
At least 44 Chinese cities are under either a full or partial lockdown as authorities persist in trying to curb the spread of the highly transmissible Omicron variant
The current surge of Omicron virus in China which is sending one city after another into prolonged lockdowns was largely expected to have an adverse impact on the economy
On Sunday, three deaths due to Covid were reported in Shanghai
Three new deaths from Covid-19 were reported on Sunday in Shanghai, according to the report
The national economic recovery was sustained and the operation of the economy was generally stable, said a government statement
The municipal health commission said on Sunday said that Shanghai has reported 3,238 confirmed locally transmitted COVID-19 cases in the last 24 hours
Shanghai reported 3,590 confirmed locally transmitted COVID-19 cases and over 21,500 local asymptomatic carriers on Saturday, the city municipal health commission said on Sunday
The lockdown in China's financial hub, now in its third week, has squeezed everything from consumer spending to logistics and production
With a property market slump and regulatory crackdowns last year the policymakers set the lowest annual GDP target for China in decades for 2022, reported Dawn
China's economic hub Shanghai reported 3,238 confirmed locally transmitted COVID-19 cases in the last 24 hours, the municipal health commission said on Sunday.
Zhengzhou Airport Economic Zone, a central Chinese manufacturing area that includes Apple Inc supplier Foxconn, announced a 14-day lockdown on Friday "to be adjusted according to epidemic situation"
The plan remains vulnerable to any change in the government's Covid prevention policy, and it will take a while for the company to ramp up fully
The Chinese mainland on Thursday reported 3,472 locally transmitted confirmed COVID-19 cases, besides 20,782 asymptomatic cases, according to the National Health Commission (NHC)
China's efforts to stop the virus with a strict 'zero-COVID' policy are triggering economic disruptions that are rippling through global supply chains for goods from electric vehicles to iPhones
China on Friday reported more than 3,400 positive and 20,700 asymptomatic coronavirus cases, majority of them in Shanghai as the city of 26 million continued to reel under over fortnight-long lockdown
For many of Shanghai's 25 million residents, the city's strict Covid lockdown has made procuring food and daily necessities a struggle money can't resolve.
China on Wednesday reported 2,999 locally transmitted confirmed COVID-19 cases, the National Health Commission said on Thursday.Of these new locally transmitted cases, Shanghai reported 2,573 cases, Xinhua reported.China's financial hub, Shanghai, has been facing the worst COVID-19 outbreak and has been desperately seeking medical care and basic supplies like food.Shanghai authorities have imposed draconian lockdown measures since March that have locked 25 million residents in their homes.On April 3, the Chinese government announced the deployment of thousands of military personnel to Shanghai to assist in the mandatory testing of all 25 million residents for the virus that causes Covid-19.On April 4, Shanghai authorities said the city would indefinitely remain under lockdown - meaning that residents are not allowed to leave their homes, as it reviews the results of the mass Covid testing.Meanwhile, horrifying videos have emerged showing Shanghai residents screaming from their windows
The financial hub is under huge pressure to try to contain China's biggest Covid outbreak since the coronavirus was first discovered in the city of Wuhan in late 2019
China has been put under a strict lockdown since March, with the country witnessing its biggest Covid-19 outbreak since the coronavirus was discovered in late 2019 in the city of Wuhan