15 Hrs
Source:
الصباح
Oil declines 2% amid Saudi supply optimism
Oil prices fell by 2% today, Friday, marking their third consecutive session of decline. This comes despite eased concerns about potential disruptions to Saudi oil supplies, even as the conflict in the Middle East escalated with exchanges of attacks between Saudi Arabia and the Houthis. Brent crude reached $102.53 per barrel, while West Texas Intermediate fell to $100.04. Brent is heading toward its first weekly loss in three weeks, with declines driven by stock recoveries and a reduction in tensions despite recent border attacks.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)