Nayrouz News Agency :
Oil futures contracts in the US global market were revised today, Monday, during the Asian session, amid a rebound in the US dollar index, according to the inverse relationship between them, in the wake of the People’s Bank of China’s decision to cut interest rates, and amid the scarcity of economic data by the US economy, the largest producer and consumer oil globally.
According to the Wall Street Journal, NYMEX crude oil futures for September delivery fell 0.92 percent to trade at $88.81 a barrel, compared to the opening at $89.63 a barrel.
Brent crude futures for October delivery also fell 0.39 percent to trade at $95 a barrel, compared to the opening at $95.37 a barrel.
