Oil prices fall slightly amid US economic slowdown

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il prices recorded a slight decline on Thursday, in light of weak demand for crude in the United States, along with the possibility of a large-scale increase in supplies, despite escalating tensions in the Middle East and the Russian war in Ukraine. In terms of trading, Brent crude futures fell by about 0.2% to $67.35 per barrel, while US crude futures fell by 0.2% to $63.53 per barrel.

Oil fees recorded a slight decline on Thursday, in mild of susceptible call for for crude within the usa, in conjunction with the opportunity of a massive-scale growth in materials, no matter escalating tensions in the center East and the Russian battle in Ukraine.

In phrases of trading, Brent crude futures fell by means of about zero.2% to $sixty seven.35 in step with barrel, even as US crude futures fell by way of 0.2% to $63.53 per barrel.