Oil prices decline amidst concerns about US demand

Global oil prices fell Wednesday after rising in early Asian trading, as markets balance concerns about demand in the US, China’s pledge to support economic growth, decline in Russian supplies and decline in US inventories. According CNBC, Brent crude futures fell 22 cents to $79.41 a barrel, and US West Texas Intermediate crude fell 32 cents to $75.43.

Source: Jordan News Agency