Oil prices edged lower on Wednesday on expectations that Druzhba pipeline flows will resume shortly and demand concerns ahead of publication of key demand indicators. Brent crude futures fell 73 cents, or 0.76%, to $95.58 a barrel by 0928 GMT. U.S. West Texas Intermediate crude futures were down 64 cents, or 0.71%, at $89.86. Both contracts slipped by more than $1 a barrel earlier in the session. Oil flows to central Europe via the Druzhba pipeline will resume shortly after Hungarian energy group MOL (MOLB.BU) transferred the transit fee for use of the Ukrainian section of the pipeline, MOL said on Wednesday. read more Demand fears also weighed on prices, analysts said. “Fears of recession-induced demand destruction are […]