Oil prices recover from early losses as global supply fears linger - Business News, Finance News, Share Market News - Market trendz

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Thursday 19 May 2022

Oil prices recover from early losses as global supply fears linger

Brent crude futures for July were up 97 cents, or 0.9%, at $110.08 a barrel at 0220 GMT, after falling by more than $1 earlier in the session. U.S. West Texas Intermediate (WTI) crude futures for June rose 42 cents, or 0.4%, to $110.01 a barrel, recovering from an early loss of more than $2. WTI for July was up 56 cents, or 0.5%, at $107.60 a barrel.

from Commodities-Markets-Economic Times
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