Oil Prices Retreat, Investors Cautious
This is a Norway news story, published by Yahoo Finance, that relates primarily to Johan Sverdrup news.
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crude futuresReuters
•Oil prices ease, but caution prevails over Russia-Ukraine war
80% Informative
Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway 's Johan Sverdrup oilfield.
Investors remained cautious amid fears of a potential escalation in the Russia -Ukraine war.
Brent crude futures for January delivery slipped 7 cents , or 0.1% , to $ 73.37 a barrel by 0119 GMT .
U.S. West Texas Intermediate futures for December delivery were at $ 69.23 a barrel.
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