Brent falls back from momentary peak ad demand outlook worsens

31.08.2022

Oil prices fell by more than $3 a barrel on Tuesday on fears that an inflation-induced weakening of global economies would soften fuel demand, and as Iraqi crude exports have been unaffected by clashes.

Brent crude futures for October settlement fell $3.81, or 3.63%, to $101.28 a barrel by 1156 GMT,...