Oil prices fell today, Thursday, in light of fears that higher interest rates in countries such as the US will reduce economic growth and global demand for crude oil.
By 11:50 Moscow time, futures for American oil fell by 0.05% to $69.55 per barrel.
Brent oil futures fell 0.04% to $74 a barrel, according to Bloomberg.
Thus, contracts for black gold lost the gains of the last session, while US oil closed yesterday with an increase of 2.8%, to 69.65 dollars per barrel, while Brent oil rose to 74.03 dollars per barrel.
Source: RT + Bloomberg
