Oil falls as demand concerns weigh against tight supply Posted on May 6, 2022 by cngpump Brent futures fell 37 cents, or 0.3 per cent, to $110.53 a barrel by 0015 GMT, while U.S. West Texas Intermediate (WTI) crude fell 33 cents, or 0.3 per cent, to $107.93 a barrel. Related posts: PUC Center Near Me In Delhi CNG Pump Near Me In Mumbai Oil prices extend losses as Shanghai lockdowns hit demand outlook Oil edges lower as mass COVID testing begins in China Oil climbs on supply jitters as EU plans Russian oil ban Oil extends gains after news of EU’s Russian oil ban proposal Oil prices rise on supply concerns as Ukraine crisis deepens Oil steady despite Libya supply drop, Shanghai preparing to reopen Oil price: Crude oil futures climb as supply concerns linger Oil price headed for 3% weekly fall on emergency stocks release