Oil down 5 per cent after IMF slashes growth forecast Posted on April 20, 2022 by cngpump Brent crude was down $5.62, or 5 per cent, at $107.54 a barrel at 12:29 p.m. EDT (1629 GMT), while US West Texas Intermediate crude fell $5.29, or 4.9 per cent, to $102.92. Related posts: PUC Center Near Me In Delhi CNG Pump Near Me In Mumbai Oil prices slip in early trading, following second straight weekly decline Oil prices settle up 2 per cent, post weekly loss on stockpile releases Global oil price extends losses on reserves release, Yemen truce Oil prices rise on supply concerns as Ukraine crisis deepens Oil prices tumble more than $5 a barrel as Biden weighs massive reserves release Crude oil prices fall, continuing downward trend from last week Oil price headed for 3% weekly fall on emergency stocks release Oil steady despite Libya supply drop, Shanghai preparing to reopen