Oil Updates — Crude prices slip; Oman to offer offshore oil and gas concessions 

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Thu, 2023-03-02 11:22

RIYADH: Oil slipped on Thursday on worries about rising US crude inventories and concerns about more rate hikes in Europe potentially hitting growth, paring this week’s gains on signs of a strong economic rebound in China. 

Brent crude futures fell 13 cents, or 0.15 percent, to $84.18 a barrel at 10.40 a.m. Saudi time, while US West Texas Intermediate crude futures were down 17 cents, or 0.2 percent, at $77.52 a barrel. 

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