Brent steady below $112/b as Russian blockade looks far-off

23.05.2022

Oil prices edged lower on Friday on course for little change on the week as a planned European ban on Russian oil balanced out investor concerns about weakening economic growth hitting demand.

Brent futures for July were down 10 cents, or 0.1%, to $111.94 a barrel by 0920 GMT, while U.S....