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Oil prices fall at the close

2022-08-17T06:11:25.678Z


New York, SANA- Oil prices fell about three percent today to the lowest level before the operation for Ukraine


New York-Sana

Oil prices fell about three percent today to their lowest level before the operation on Ukraine.

Reuters reported that Brent crude contracts ended the closest trading session, as low as $2.76, or 2.9 percent, to record at a settlement of $92.34 a barrel. During the session, the contract recorded a much lower level at $9.71 a barrel, the lowest since last February 18.

US West Texas Intermediate crude contracts closed down $2.88, or 3.2 percent, to $86.53 a barrel, the lowest since January 26.

Both benchmark contracts had fallen about three percent in the previous session.

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Source: sena

All business articles on 2022-08-17

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