Oil prices slip, demand concerns outweigh Saudi output cut
- Date: 08-Jun-2023
- Source: Al Bawaba
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil prices slip, demand concerns outweigh Saudi output cut
ALBAWABA – Oil prices slipped 0.2 percent on Thursday, to $76.80 and $72.41 on the barrel of Brent crude futures for August settlement and West Texas Intermediate (WTI) crude futures for July.
Agencies reported conflicting news on oil prices Thursday amid persistent demand concerns.