5 Hrs
Source:
Sharjah24
Oil falls at close; Brent up weekly
Oil prices declined at the market close following the European Union's approval to draw additional amounts from diesel reserves to lower prices and reduce U.S. fuel imports. Brent crude fell by 0.06% to close at $102.25 per barrel, while West Texas Intermediate dropped by 1.90% to $91.11 per barrel. However, Brent ended the week with a slight gain of 0.11%. This decision is part of efforts to lower prices and control inflation in the oil market.
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