Oil prices fell by 0.25%-0.39%
As of 3 February 2022, 08:00 (UTC+3), Brent Crude futures for April settlement were trading 0.25% lower at $89.25 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for March delivery on the New York Mercantile Exchange fell by 0.39% to $87.92 a barrel.
Crude oil prices are decreasing on OPEC+ decision to move ahead with plans for a small increase oil output in March.
