January 21, 2022 9:48 PM

Oil prices fall despite lingering supply concerns

Oil prices today fell, after rising to seven-year highs this week, as investors took profits following a build-up in U.S. crude and fuel inventories. However, the overall sentiment remained solid due to concerns over tight supply and geopolitics.   In intra-day trade, Brent crude was trading around 87 dollars per barrel while WTI crude prices were at 84 dollars and 20 cents per barrel.