Oil gives up the year's gains, closing at 2022 low
The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.
Below is an instruction that describes a task. Write a response that appropriately completes the request.

### Instruction: Oil gives up the year's gains, closing at 2022 low

### Response: The price of oil fell to its lowest level this year on Wednesday, forfeiting all of the gains since Russia's invasion of Ukraine exacerbated the worst global energy supply crisis in decades.