Crude oil prices fell by 1.56%-1.65%
As of 16 May 2022, 08:57 (UTC+3), Brent Crude futures for July settlement were trading 1.65% lower at $109.71 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for June delivery fell by 1.56% to $107.07 a barrel.
Crude oil futures decrease as investors take profits after a surge in the previous session.
