2024-05-02 - الخميس
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Crude prices record losses

Crude prices record losses
Nayrouz News Agency :

Oil prices fell Friday to below $84 a barrel, with continued economic concerns over the decline in crude demand.

Crude prices are heading towards recording their first weekly loss since July in light of fears of disappointing economic data from China on risky assets, including oil, and the possibility of the US Federal Reserve raising interest rates.

US West Texas Intermediate crude futures fell 0.10 per cent to $80.20 a barrel.

Brent crude futures fell by 0.17 per cent to $83.98 a barrel, according to Bloomberg.
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