Melbourne (Archyde.com)
Oil prices fell about one dollar yesterday, in volatile trading, after concerns about a recession and China’s restrictions to combat Covid-19 overshadowed persistent concerns about a supply shortage.
Brent crude futures fell 82 cents, or 0.8 percent, to $ 106.20 a barrel by 0314 GMT. US West Texas Intermediate crude futures fell $1.04, or 1%, to $103.75 a barrel. Trading was thin due to a public holiday in parts of Southeast Asia.
The contracts of both crudes recorded a weekly decline last week, after fears that rising interest rates to curb inflation might lead to a recession and weaken demand for oil dominated the market.
Related posts:
the procedures to get you started
Logitech International's Third-Quarter Sales Decline Under New CEO - Analysis and Insights
Saudi Arabia .. The video of Saud Al-Faisal and what he said was circulated amid criticism of the Ki...
The position of Greece is strengthened with international connections
- 2024-04-01 16:33:29
10,000 yuan value selection: POCO X4 GT out of the box, audio and video, battery, performance, camer...
Massive rises in global stock indices
Ministry of Labor warns about fraudulent job offers
Is the Nubank Box gone? Your money is safe. know what to do