Oil Updates — Crude prices retreat; Pakistan could start importing Russian oil
RIYADH: Oil prices drifted lower in early trade on Monday, thinned by the Lunar New Year holiday in east Asia, but held on to most of last week’s gains on the prospect of an economic recovery in top oil importer China this year.
Brent crude futures were down by 25 cents, or 0.29 percent, to $87.38 at 08.20 a.m. Saudi time, while US West Texas…