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

Jumat, 05 Agustus 2022 | 22:05 WIB
Oil Prices Set to End Week Near Multi Month Lows on Recession Fears

ILUSTRASI. Oil prices recouped some of this week's losses but were still set to close Friday near their lowest levels since February. ANTARA FOTO/M Risyal Hidayat/rwa.

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.


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