Oil headed for worst weekly drop since Feb on US slowdown fears


Oil fell for a fourth session on Friday, heading for its biggest weekly loss in five weeks on worries about the prospect of steep interest rate hikes in the United States slowing growth and hitting fuel demand.

Brent dipped 48 cents, or 0.6, to $81.11 a barrel by 0434 GMT. U.S. West Texas Intermediate crude (WTI) were down 60 cents, or 0.8%, at $75.12 a barrel.

Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Oil and gas , crude , Brent , WTI , Opec

Next In Business News

Living closer, less meeting
Pushing for maintenance before design
KL rental market: 3 critical takeaways
Padini initiates internal review into MACC account freeze
Where every stay is pawsome
Who bears the cost of delivery?
From lattes to kennels
Alarm on�sports betting
A difficult deficit question�
Green ambitions, diesel reality

Others Also Read