(Reuters) – OIL prices rose on Thursday, reversing earlier losses, as supply concerns and geopolitical tension in Europe got the upper hand over the economic fears dogging financial markets as inflation soars. Brent crude rose 46 cents, or 0.4 per cent, to $107.97 a barrel by 11:44 a.m. EDT (1644 GMT). WTI crude rose $1.14, …
Oil prices rise as supply concerns outweigh reduced demand, recession risks Read More »
