Oil prices fell by 0.4%-0.47%
As of 25 March 2022, 08:42 (UTC+3), Brent Crude futures for May settlement were trading 0.4% lower at $118.55 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for May delivery on the New York Mercantile Exchange fell by 0.47% to $11.81 a barrel.
Crude oil prices are declining on decreasing of supply related concerns.