Oil prices fall for 5th consecutive session

March 13, 2023 4:54 PM

Oil prices fall for 5th consecutive session

Oil prices fell today for the fifth consecutive session as the collapse of Silicon Valley Bank in the United States raised fears of a fresh financial crisis, but a recovery in Chinese demand provided support. In intra-day trade, Brent crude was trading at around 81 dollars and 43 cents per barrel, while WTI crude price was at 75 dollars and 33 cents per barrel when reports last came in. 

Oil prices fall for 6th session in a row amid worries about demand

March 19, 2021 6:11 PM

Oil prices fall for 6th session in a row amid worries about demand

Oil prices today fell for sixth session in a row amid worries about demand. New wave of coronavirus infections across Europe triggered fresh lockdowns and dampened expectations of any imminent recovery in fuel demand.   In intra-day trade, Brent crude prices were trading around 63 dollars per barrel while WTI crude prices were around 59 dollars and 90 per barrel.