Falling oil prices

2022-05-12T06:00:50.912Z

London, SANA- Oil prices fell more than 1% today in a volatile week, as economic and London-Sana Oil prices fell more than 1% today in a volatile week, as economic concerns and fears of recession negatively affected global financial markets in a way that outweighed concerns about supplies and tension in Europe. Reuters reported that Brent crude futures fell $1.25, or 1.2 percent, to $106.26 a barrel. US West Texas Intermediate crude futures fell $1.24, or 1.2 percent, to $104.4