LONDON (Reuters) -Oil prices fell below $82 a barrel on Friday as rising inventories in the United States and concerns over global economic activity offset the prospect of lower Russian exports.
Brent crude futures were down 57 cents, or 0.7%, at $81.64 a barrel by 1423 GMT, having risen by more than $1 earlier in the session.
West Texas Intermediate U.S. crude futures (WTI) were down 69 cents, or 0.9%, at $74.70.
On the anniversary of Russia’s invasion of Ukraine, benchmark Brent crude was about 15% lower than a year earlier. It hit a 14-year high of nearly $128 a barrel on Mar. 8, 2022.
