BUSINESS

Oil Prices Take A 3% Dip

Oil prices took a three percent dip at the close of last week as global recession fears and weak oil demand, especially in China, outweighed support from a large cut to the OPEC+ supply target.

Brent crude futures dropped $2.94 to settle at $91.63 a barrel.

U.S. West Texas Intermediate crude futures fell $3.50 to $85.61.

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CaribbeanCricTimes, Contributor

Edited by Jesus Chan

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