Oil prices decrease on world

25 November 2024

Oil prices decrease on world markets

09:55 14 June 2022 Read: 383

Oil prices decrease on world markets

Oil prices inched lower after seesawing through early trading on Tuesday, as worries that fuel demand would be hit by a possible recession and fresh COVID-19 curbs in China outweighed tight global supplies, AzVision.az reports citing Reuters.

U.S. West Texas Intermediate (WTI) crude fell 22 cents, or 0.2% to $120.71 a barrel at 0353 GMT, while Brent crude futures eased 25 cents, or 0.2%, to $122.02 a barrel.

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