Oil Updates — Crude falls again; Russia eyeing new markets in Middle East and Africa

Follow-ups -eshrag News:

Thu, 2022-06-23 11:37

RIYADH: Oil prices continued to pull back on Thursday, dropping more than 2 percent as investors recalibrated assessments of recession risks and fuel demand amid interest rate hikes in major economies.

US West Texas Intermediate crude futures had skidded $2.6, or 2.7 percent, to $103.46 a barrel by 0330 GMT. 

Brent crude futures slid $2.5, or 2.3 percent, to $109.22 a barrel.

Main category: 
Business & Economy

Noting that the news was copied from another site and all rights reserved to the original source.

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button