Oil prices fall as weak factory data fuels global demand concerns
Updated: 02 Aug 2022, 10:02 AM IST
TL;DR.Brent crude futures fell 77 cents, or 0.8%, to $99.26 a barrel by 0421 GMT, while WTI crude futures eased 67 cents, or 0.7%, to $93.22 a barrel.
FILE PHOTO: The Suncor Energy refinery in Denver June 12, 2006. The refinery converts crude oil to many products including gasoline. REUTERS/Rick Wilking/File Photo