Oil prices fell on Friday as consumer prices in the United States rose more than expected and China took new steps to quarantine COVID-19.

  Brent crude fell from $2 to $121.36 a barrel. West Texas Intermediate fell from $1.6 to $120 a barrel.

Oil prices fell with Wall Street stocks following news of accelerating inflation in the United States in May. Gasoline prices have hit record highs and food prices have risen, leading to the largest annual increase in nearly 40 years. Chinese oil was hunted by the Chinese

Oil prices fell on Friday as consumer prices in the United States rose more than expected and China took new steps to quarantine COVID-19.

Brent crude fell from $2 to $121.36 a barrel. 

West Texas Intermediate fell from $1.6 to $120 a barrel.

Oil prices fell with Wall Street stocks following news of accelerating inflation in the United States in May. Gasoline prices have hit record highs and food prices have risen, leading to the largest annual increase in nearly 40 years. Coronary restrictions returned to parts of China

China's crude oil imports in May rose almost 12 percent from a year earlier when they were down.

 "This does not indicate an increase in demand for oil. Instead, China has been opportunistic and has bought crude oil from Russia at a much lower price than the world market."Coronary restrictions returned to parts of China

China's crude oil imports in May rose almost 12 percent from a year earlier when they were down.

 "This does not indicate an increase in demand for oil. Instead, China has been opportunistic and has bought crude oil from Russia at a much lower price than the world market."