Oil prices slip as IEA warns of slowdown in demand recovery


Brent crude futures fell 13 cents to settle at $71.31 a barrel. Earlier, Brent hit a session high of $71.90. U.S. West Texas Intermediate (WTI) crude fell 16 cents to settle at $69.09 a barrel.9File pic shows a Chevron refinery in the US.)

NEW YORK: Oil prices fell on Thursday after the International Energy Agency (IEA) said the spread of the Delta variant of the coronavirus would slow the recovery of global oil demand.

Brent crude futures fell 13 cents to settle at $71.31 a barrel. Earlier, Brent hit a session high of $71.90.

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Oil price , Brent , oil , West Texas Intermediate , WTI , Opec+ , demand , IEA , drawdown ,

   

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