Oil Falls From Almost Three-Week High Driven by Russian Supply Risks
8 Articles
8 Articles
Oil Updates — crude retreats from almost 3-week high driven by Russia
LONDON: Oil prices fell on Tuesday after surging nearly 2 percent in the previous session as traders monitor developments surrounding the war in Ukraine and potential disruption to Russian fuel supplies. Brent crude was down 51 cents, or 0.7 percent, at $68.29 a barrel by 11:10 a.m. Saudi time, having hit its highest since early August in the previous session. West Texas
Washington: Oil prices fell on Tuesday after rising about 2 percent in the previous session, as traders closely monitored developments in the conflict between Russia and Ukraine and its potential impact on fuel supplies from the region. Brent crude futures fell 16 cents, or 0.23 percent, to $68.64 a barrel by 00:05 GMT, while U.S. West Texas Intermediate (WTI) futures lost $0.57, or 0.23 percent.
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