Brent dips below $85/b threshold as anti-Russian moves prove futile

25.11.2022

Oil prices fell on Thursday, hovering around two-month lows as the level of a proposed G7 cap on the price of Russian oil raised doubts about how much it would limit supply.

A bigger than expected build in U.S. gasoline inventories and widening COVID-19 controls in China also added downward pressure...