Oil prices slide as demand fears persist


  • World
  • Saturday, 16 Jan 2021

NEW YORK, Jan. 15 (Xinhua) -- Oil prices dipped on Friday as traders continued to worry about weaker fuel demand amid a surging pandemic.

The West Texas Intermediate (WTI) for February delivery lost 1.21 U.S. dollars to settle at 52.36 dollars a barrel on the New York Mercantile Exchange. Brent crude for March delivery decreased 1.32 dollars to close at 55.10 dollars a barrel on the London ICE Futures Exchange.

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