Bank Of Baku

Oil prices find some support after heavy losses on US recession fears

Oil prices find some support after heavy losses on US recession fears
# 27 April 2023 09:31 (UTC +04:00)

Oil prices rose slightly on Thursday, finding some support after heavy losses in the previous two sessions that were driven by fears of a U.S. recession and an increase in Russian oil exports which dulled the impact of OPEC production cuts, APA-Economics reports citing Reuters.

Brent crude was trading at $77.94 a barrel, up 25 cents, or 0.3% as of 0252 GMT. U.S. West Texas Intermediate crude added 12 cents or 0.2% to trade at $74.42.

 

1 2 3 4 5 İDMAN XƏBƏR
#
#

THE OPERATION IS BEING PERFORMED