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Falling oil prices

2022-05-24T11:54:06.073Z


London, SANA- Oil prices fell about a dollar today, due to fears of a possible recession in the world and restrictions to combat “Covid 1 .”


London-Sana

Oil prices fell about a dollar today, due to fears of a possible recession in the world and the restrictions of the fight against Covid-19 in China.

Reuters news agency reported that Brent crude futures fell 56 cents, or 0.5 percent, to $112.86 a barrel. West Texas Intermediate crude fell 72 cents, or 0.7 percent, to $109.57 a barrel.

Oil prices have risen significantly this year, as Brent crude reached $139 a barrel last March, its highest level since 2008.

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Source: sena

All business articles on 2022-05-24

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