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Oil settles lower but ends quarter up 28% on tight global supply zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.
Front-month Brent November futures settled down 7 cents to USD 95.31 per barrel at the contract s expiry, up about 2.2 per cent in the week and 27 per cent in the third quarter, , oil prices ....
Oil Updates: "But with investors now questioning the resilience of the global economy going into next year against the backdrop of higher interest rates for longer, that bullish bias in oil markets may become more balanced," said Craig Erlam, an analyst at OANDA. ....
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Oil prices declined in early trading on Sept. 29 following a recent surge, as profit-taking and the anticipation of increased supply from Russia and Saudi Arabia overshadowed optimistic forecasts of demand, Reuters reported. ....