Global Crude Oil Prices Slide As U.S. Demand Weakens And Sanction Easing Signals Hit Market

Crude oil prices closed lower for the week as the global energy market reacted to fresh indicators of slowing fuel consumption in the United States, alongside Washington’s latest relaxation of restrictions on Lukoil’s international operations and ongoing uncertainty surrounding Russia–Ukraine peace efforts. Brent crude ended the week at $62.99 per barrel, slipping 0.4% from the … Continue reading Global Crude Oil Prices Slide As U.S. Demand Weakens And Sanction Easing Signals Hit Market