Sunday , May 9 2021

Low oil prices as global supply rises



Oil prices are reduced as supplies worldwide raise today's Harmony newspaper quotes We are publishing low oil prices as the world's supply rises, oil prices are falling as the world's supplies rise We are your I sent to New News speakers Today through our newspaper Today and start with the news, World.

Washington Newspaper Today:

About 1% oil prices fell as global supply increased and that investors were afraid that oil demand would be slow. The US crimes recorded the longest daily loss since 1984.

He made Brent's crude a discount of $ 70 to a barrel for the first time since the early April and has dropped almost 20% since it hit four years high in early October.

Brent crack fell 47 cents, or 0.7 percent, to settle at $ 70.18 per day. He rejected around 3.6% over the week and more than 15% this quarter.

Breaking the future of the Central United States of West Texas for the 10th consecutive day, the longest hit streak since July 1984, according to Reventiv data.

The collapse of the US fell by 48 cents, or 0.8 percent, at $ 60.19 barrel after falling below $ 60 for a barrel for a low eight months.

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Source: Harmony


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