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Falling oil prices

2019-11-30T06:20:14.269Z


NEW YORK (Reuters) - Oil prices fell and US crude fell more than 4 percent on renewed tensions


New York-Sana

Oil prices fell and US crude fell more than 4 percent on renewed trade tensions but ends the month on gains.

Reuters reported that Brent contracts ended the session low $ 1.44, or 2.25 percent to settle at $ 62.43 a barrel to end the week down 1.5 percent, however, the global benchmark crude recorded the biggest month of gains since April, with a rise of about 6 percent.

US West Texas Intermediate (WTI) crude futures fell $ 2.94, or 4.4 percent, to settle at $ 55.17 a barrel, ending the week down 4.1 percent after three straight weeks of gains.

On a monthly basis, US crude jumped nearly 2.3 percent, its biggest gain since June.

Source: sena

All business articles on 2019-11-30

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