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Oil prices fall at the close

2022-09-20T20:32:46.466Z


New York, SANA- Oil prices fell today, with investors expecting more central banks to raise prices New York-Sana Oil prices fell today as investors expected more central banks to raise interest rates to curb inflation. Reuters reported that Brent crude futures fell $1.38, or 1.5 percent, to $90.62 a barrel. West Texas Intermediate crude for October delivery recorded $84.45 a barrel when settling down by $1.28, and the most active November contract fell by $1.42 to $83.94. Brent and West Tex


New York-Sana

Oil prices fell today as investors expected more central banks to raise interest rates to curb inflation.

Reuters reported that Brent crude futures fell $1.38, or 1.5 percent, to $90.62 a barrel.

West Texas Intermediate crude for October delivery recorded $84.45 a barrel when settling down by $1.28, and the most active November contract fell by $1.42 to $83.94.

Brent and West Texas Intermediate crudes are heading to record the worst quarterly decline in percentage since the beginning of the Corona virus pandemic, as Brent crude recorded about 139 dollars a barrel only last March, the highest level since 2008.

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Source: sena

All business articles on 2022-09-20

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