Oil prices dip on recession worries, but supply cuts support - Business News| Latest News & Reviews On Financial Markets | Themarkettrendz

Post Top Ad

Friday, 14 October 2022

Oil prices dip on recession worries, but supply cuts support

Brent crude futures were down 76 cents, or 0.8%, at $93.81 a barrel at 1044 GMT while U.S. West Texas Intermediate (WTI) crude futures fell 85 cents, or 1%, to $88.26.The Brent and WTI contracts both oscillated between positive and negative territory on Friday but were down more than 4%over the week after two weeks of gains on concern over the global economy.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

No comments:

Post a Comment

Post Bottom Ad