Crude oil futures decrease as demand is expected to reduce
Crude oil prices fell by 3.02%-3.06%
As of 25 April 2022, 07:35 (UTC+3), Brent Crude futures for June settlement were trading 3.02% lower at $102.94 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for June delivery on the New York Mercantile Exchange fell by 3.06% to $98.95 a barrel.
Crude oil futures are decreasing amid growing concerns over reduction of the demand for the commodity as COVID-19 expands in China.