Oil prices settled more than 1% lower on Friday, falling for the third consecutive week, according to Reuters.
Browsing: WTI Crude
Oil prices rose on Thursday, recovering from early losses, on hopes that a planned easing of restrictions in Shanghai would improve fuel demand, while continuing concerns over limited global supplies overshadowed fears of slowing economic growth.
Oil prices witnessed a sharp decline during the trading of the United States market, as futures contracts for Brent crude for May delivery fell by about 13% to $ 110.2 a barrel.
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