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Oil Updates — Crude prices down; Russia's Sberbank sues Glencore; India's fuel demand rises

RIYADH: Oil prices fell on Tuesday as recession concerns and worsening COVID-19 outbreaks in China sparked fears of lower fuel demand, outweighing supply worries. Brent crude fell 31 cents, or 0.3 percent, to $97.61 a barrel by 0434 GMT, while US West Texas Intermediate crude fell 36 cents, or 0.4 percent, to $91.43 a barrel. Both benchmarks hit their highest since August on
United States Ar Riya Saudi Arabia Moscow Arbitration Court Glencore Energy United Kingdom Ltd Petroleum Planning

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