Oil Prices Set to End Week Near Multi Month Lows on Recession Fears

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - LONDON. Oil prices recouped some of this week's losses but were still set to close Friday near their lowest levels since February as concerns over a possible recession and a fall in fuel demand continued to rattle markets.

Brent crude rose US$ 1,35 or 1,4% to US$ 95,47 a barrel by 1420 GMT. US West Texas Intermediate crude was up US$ 1,24 or 1,4% at US$ 89,78.