Categories: Business

Oil Updates — Crude gains; IEA says world needs Russian oil; Schlumberger rebrands itself as SLB


Tue, 2022-10-25 09:09

RIYADH: Oil prices rose on Tuesday as the US dollar eased against major peers but gains were limited by worries of slowing global fuel demand growth amid bearish economic data from key oil-importing economies such as China.

International benchmark Brent crude futures gained 27 cents to $93.53 per barrel by 0415 GMT, after falling 0.3 percent in the previous session. 

US West Texas Intermediate crude futures for December delivery rose 36 cents to $84.94 per barrel, after a previous decline of 0.6 percent.

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