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Oil retreats from multi-year highs

2021-06-21T14:26:49.233Z


New York, SANA- Crude oil prices are down nearly two percent today from their highest levels in several years.


New York-Sana

Crude oil prices are down nearly two percent today from multi-year highs.

Reuters reported that Brent crude futures fell $1.31, or 1.8 percent, to $73.08 a barrel when settling, while US West Texas Intermediate crude fell $1.11, or 1.5 percent, to reach the settlement price of $71.04.

Although today's declines were the largest daily percentage decline since last May, both benchmarks are still up more than 40 percent since the beginning of this year.

Source: sena

All business articles on 2021-06-21

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