BUSINESS

Oil Prices Roller Skate

Oil prices retreated on Friday after wild swings during the week, as the prospect of extra supply from Iran returning to the market outweighed fears of a possible Russian invasion of Ukraine, which could disrupt supply.

Brent crude futures fell 68 cents, or 0.7%, to $92.29 a barrel, extending a 1.9% drop from the previous session.

U.S. West Texas Intermediate (WTI) crude futures shed 67 cents, or 0.7%, to $91.09 a barrel, after sliding 2% in the previous session.

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Readers Bureau, Contributor

Edited by Jesus Chan

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