OIL FUTURES: Crude falls on China’s COVID-19 concerns as mass testing begins

Crude oil futures fell in mid-morning Asian trade April 28 as news of China’s mass testing for COVID-19 weighed on sentiment, overshadowing supply-side concerns of a modest US inventory build and looming risk of further Russian energy sanctions. At 11:00 am Singapore time (0300 GMT), the ICE June Brent futures contract was down $1.63/b (1.55%) from the previous close at…