Brent drops below $105/b as economic woes persist

13.07.2022

Oil prices fell on Tuesday on a strong dollar, and expectations of weakening demand due to fresh COVID-19 curbs in top world crude importer China and fears of a global economic slowdown.

Brent crude futures fell $2.32, or 2.2%, to $104.78 a barrel by 0953 GMT, while U.S. West Texas Intermediate...