![Despite the possibility of lower supplies, the price of crude oil declined due to economic concerns](https://market-tracker.in/wp-content/uploads/2022/11/Feature-Image-Top-ten-oil-and-gas-companies-1038x720-1-1.jpg)
Despite the possibility of lower supplies, the price of crude oil declined due to economic concerns
Oil prices fell on Monday as worries about fuel consumption in the top two oil consumers in the world, the United States and China, outweighed hopes for tighter supplies as a result of any OPEC+ supply cuts and a restart of U.S. purchases for reserves. Brent crude futures were down 43 cents, or 0.6%, to…