Oil prices fall amid economic fears

Oil prices fell during trading today, Friday, amid fears of an economic downturn that will affect the demand for black gold in the world.

By 12:11 Moscow time, futures for West Texas Intermediate crude oil fell 0.99% to $101.71 per barrel.

Meanwhile, according to Bloomberg, Brent futures fell 0.73% to $103.89 a barrel.

And yesterday, Thursday, oil prices ended trading up more than 4%, in an attempt to offset the losses incurred in prices in the previous two sessions.

Source: RT + Bloomberg