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Oil falls close to yearly low

London, December 7 Oil weakened on Wednesday, with Brent crude falling close to its lowest this year, pressured by concern about recession and easing fears that a Western cap on Russian oil prices would significantly curb supply. Brent crude fell...

Tribune Web Desk

Updated At : 02:25 PM Dec 08, 2022 IST

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London, December 7

Oil weakened on Wednesday, with Brent crude falling close to its lowest this year, pressured by concern about recession and easing fears that a Western cap on Russian oil prices would significantly curb supply. Brent crude fell $1.05 to $78.30 a barrel by 1020 GMT. — Reuters

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