Oil prices fell, in trading today, Thursday, with renewed concerns about an economic recession with the continuation of the path of monetary tightening, which will affect global demand for crude.
And by 09:34 Moscow time, US crude futures fell by 1.20% to $78.21 a barrel, while Brent crude futures fell by 0.88% to $82.39 a barrel, according to Bloomberg agency data.
Yesterday, the black gold contracts closed trading down by about 2%, as US crude declined by 2.1% and recorded at the settlement of $79.16 a barrel, and “Brent” crude decreased by 1.9% to $83.12 a barrel.
This article was originally published by RT.