Oil prices are falling due to economic worries.

Oil prices are falling due to economic worries.

Oil prices dipped today, Friday, on persistent fears about a slowdown in global economic development, which will reduce demand for petroleum, and the drop occurred after a 3 gain.

US West Texas Intermediate oil futures were down 1.19 to $89.42 a barrel at 12:01 p.m. Moscow time.

Meanwhile, Brent crude futures slid 1.14 to $95.49 a barrel, according to data from the Bloomberg website.

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