Saturday, September 18, 2021

Oil prices fall over one and half percent

Oil prices on Thursday fell more than one and half percent, extending losses as investors braced for more supplies following a compromise between top OPEC producers. A rise in the U.S. fuel stocks also raised concerns about demand in the world’s largest consumer.

In intra-day trade, Brent crude prices were trading around 73 dollars and 60 cents per barrel while WTI crude prices were around 71 dollars and 80 cents per barrel.

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