Oil prices post sharp weekly losses, fall to 15-month lows

Oil prices post sharp weekly losses, fall to 15-month lows

Oil prices fell more than 2 percent to end with a sharp weekly loss after U.S. employment rose less than expected in August, as demand concerns outweighed a decision by OPEC+ producers to delay increasing supply. The European benchmark Brent crude oil fell by 1.63 dollars to 71.06 dollars, the American West Texas Intermediate (WTI) … Read more