Recession fears pressure world oil prices

(MENAFN- Al Wakeel News) News Agent – Recession fears and a rising dollar pressured early trading in oil contracts, Friday, although losses were limited due to supply concerns after a new public mobilization campaign in Russia and an apparent faltering in talks to revive the Iran nuclear deal. advertisement
Brent crude futures fell 41 cents, or 0.5%, to $90.05 a barrel, and West Texas Intermediate crude futures fell 30 cents, or 0.4 percent, to $83.19 a barrel.
Brent crude oil prices fell 1.5%, while West Texas Intermediate crude prices fell 2.3% this week. (Sky News)


Legal Disclaimer: MENA Financial Services Network provides the information “as is” without any representations or warranties…whether express or implied. This is a disclaimer of our responsibility for the privacy practices or the content of sites attached within our network, including images. and videos. For any inquiries regarding the use and reuse of this source of information please contact the provider of the above article.