Oil Prices Settles in Early Asia Trade

Singapore, March 21 (QNA) – Oil prices stabilized Tuesday after falling in the previous sessions, due to investors’ fears that the recent banking sector problems will affect the global economy and limit demand for crude.Brent crude futures for May set…

Singapore, March 21 (QNA) – Oil prices stabilized Tuesday after falling in the previous sessions, due to investors’ fears that the recent banking sector problems will affect the global economy and limit demand for crude.

Brent crude futures for May settlement rose five cents to $73.84 a barrel. US West Texas Intermediate (WTI) crude futures rose nine cents to $67.73 a barrel. In the previous session, both Brent and West Texas Intermediate fell by about $3 a barrel before closing higher. (QNA)

Source: Qatar News Agency