Oil prices extend losses on demand worries Posted on August 5, 2022 by cngpump Brent crude dropped 10 cents, or 0.1per cent, to $94.02 a barrel by 0047 GMT, while US West Texas Intermediate crude was at $88.48 a barrel, down 6 cents. Related posts: PUC Center Near Me In Delhi CNG Pump Near Me In Mumbai Oil falls on demand worries over Shanghai’s new partial lockdowns Oil prices extend losses as Shanghai lockdowns hit demand outlook Oil dips as investors torn by tight supply worries and recession fears Oil prices slip ahead of OPEC+ meeting Oil steady as economic worries offset possible China demand rise Oil prices slip in early trading, following second straight weekly decline Global oil price extends losses on reserves release, Yemen truce Oil prices rebound after dropping to lowest in months on weak US demand