Oil prices set to end week near multi-month lows on recession fears

Oil prices set to end week near multi-month lows on recession fears

Oil prices rose on Friday, recouping some of this week's losses on strong U.S. job growth data but remained on course to close the week near their lowest levels since February, rattled by worries a recession could hit fuel demand. Read More

Oil prices end week on multi-month lows on recession fears

By Laura Sanicola (Reuters) -Oil prices settled higher on Friday, recouping some of this week’s losses on strong U.S. job growth data, but closed the...

Oil prices set to end week at multi-month lows on recession fears

By Noah Browning

Oil Prices Rise From Multi-Month Lows on Supply Concerns

LONDON—Oil prices rose slightly on Friday, bouncing off their lowest levels since February, as concern over supply shortages was countered by expected declines in fuel demand. Brent crude rose 39 cents, or 0.4 percent, to $94.51 a barrel by 0900 GMT. U.S. West Texas Intermediate crude was up 27 cents, or 0.3 percent, at $88.81. Prices have come under pressure this week as the market has fretted over the impact of inflation on economic growth and…

Oil prices set to end week near multi-month lows on recession fears

Brent crude rose 37 cents, or 0.4%, to $94.49 a barrel by 1226 GMT

Oil prices remain steady amid supply shortage and recession concerns

Brent is not expected to hit $110 a barrel again this year, analysts say