14 Hrs
Source:
وكالة بغداد اليوم الاخبارية
Oil prices fall for second week
Oil prices declined for the second consecutive week, despite Brent crude rising by more than a dollar to reach $83.55 per barrel, due to ongoing uncertainty surrounding negotiations over controlling the Strait of Hormuz and its reopening. Meanwhile, the US West Texas Intermediate futures rose to $78.18, as Iran considers a bill to ban passage of American and Israeli ships through the strait, which carries about 20% of the world's oil supplies, before the outbreak of war in February.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)