Oil prices fell in early trading today for the fourth consecutive session, amid fears that slowing growth in China and a possible hike in interest rates in the United States will lead to a decline in fuel demand in the two largest economies in the world.
Brent crude futures fell 37 cents, or 0.44 %, to $83.08 a barrel.
US West Texas Intermediate crude also fell 39 cents, or 0.49 %, to $78.99 a barrel.
Oil prices were affected by the minutes of the Federal Reserve / US Central Bank / meeting for the month of July, which was published yesterday, Wednesday, and showed that central bank officials continued to give priority to the battle of inflation.
Source: National Iraqi News Agency
