Oil’s New Year Misery Deepens as Demand Concerns Tick Up a Notch
Oil’s rough start to the year worsened as a deteriorating demand outlook came to the fore, buttressed by predictions for a US recession, China’s near-term struggle with Covid-19, and milder winter weather.
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### Instruction: Oil’s New Year Misery Deepens as Demand Concerns Tick Up a Notch

### Response: Oil’s rough start to the year worsened as a deteriorating demand outlook came to the fore, buttressed by predictions for a US recession, China’s near-term struggle with Covid-19, and milder winter weather.