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Aerial Footage Of Oil Port Area In Qingdao, Shandong, China

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This footage was filmed and produced 7 July 2022.

An aerial video taken on July 7, 2022 shows the Huangdao Oil Port area, China's largest crude oil transit base, in Qingdao, Shandong Province, China.

Global oil prices resumed their plunge amid fears of a recession and falling energy demand, with BRENT crude, the international benchmark, falling below $100 a barrel for the first time since April 25, after U.S. WTI crude fell below $100 a barrel yesterday.

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