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الاقتصادية
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الاقتصادية

2026-11-13T22:16:52.283Z

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Oil drops for second week

Oil drops for second week

Oil prices fell about 2.5% over the week, recording losses for a second consecutive week amid signs of a widening supply surplus and weaker demand in the United States. At Friday’s settlement, Brent rose 2 cents to $95.84 a barrel, while West Texas Intermediate fell 18 cents to $88.56. Rising oil and fuel inventories, along with increased supplies from the Middle East, put pressure on prices, while risks to oil shipments through the Strait of Hormuz remained.

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