OIL PRICES EXTEND DECLINE ON RECESSION FEARS, CHINA COVID CURBS0

• Market, Stock Market
• October 12, 2022

Oil prices fell for a third straight session on Wednesday as investors fretted about a hit to fuel demand from growing risks of a global recession and tightening COVID-19 curbs in China Brent crude futures fell 51 cents, or 0.5%, to $93.78 a barrel by 0033 GMT. U.S. West Texas Intermediate crude was at $88.66