Fri, 2022-10-28 08:05
SINGAPORE: Oil prices fell on Friday after China, the world’s top crude oil importer, widened its COVID-19 curbs, but were poised for a weekly gain on supply concerns ahead of Europe’s pending cut-off of Russian imports.
Brent crude futures eased 78 cents, or 0.8 percent, to $96.18 a barrel at 0350 GMT, after rising 1.3 percent in the previous session. US West Texas Intermediate crude futures were down $1, or 1.1 percent, at $88.08 a barrel.
Main category:
Business & Economy
