Crude Oil News Headline Posted By Keep In Touch:-9045797577,9068270477

Oil dips on recession fears; supply concerns limit declines.

Oil prices dipped on Monday as fears of a global recession caused concerns that fuel demand growth will slow, though supply worries ahead of the European Union embargo on Russian oil in December limited declines.

Brent crude futures for November settlement fell 46 cents, or 0.5%, to $90.89 a barrel by 0701 GMT.

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