Oil Updates — Crude down; Russia China’s top oil supplier in July; Petrobras begins selling refining assets

Follow-ups -eshrag News:

Sun, 2022-08-21 08:36

RIYADH: Oil prices steadied on Friday, but fell for the week on a stronger US dollar and fears that an economic slowdown would weaken crude demand.

Brent crude futures settled at $96.72 a barrel, gaining 13 cents. 

US West Texas Intermediate crude ended 27 cents higher at $90.77. 

Both benchmarks fell about 1.5 percent on the week.

Russia is China’s top oil supplier for 3rd month in July

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Business & Economy

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