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Oil prices fall as US summer fuel demand weakens

2021-06-10T01:48:01.870Z


New York, SANA- Oil prices fell today, after US inventory data showed a jump in gasoline stocks New York-Sana Oil prices fell today after US inventory data showed a jump in gasoline stocks due to weak demand for fuel after a holiday in the US that is usually the start of the summer peak driving season. Reuters reported that Brent crude futures fell 23 cents, or 0.3 percent, to $71.99 a barrel, after earlier touching 72.83, the highest level since May 20, 2019. US West Texas Intermediate c


New York-Sana

Oil prices fell today after US inventory data showed a jump in gasoline stocks due to weak demand for fuel after a holiday in the US that is usually the start of the summer peak driving season.

Reuters reported that Brent crude futures fell 23 cents, or 0.3 percent, to $71.99 a barrel, after earlier touching 72.83, the highest level since May 20, 2019.

US West Texas Intermediate crude futures fell 43 cents, or 0.6 percent, to $69.62 a barrel, after hitting $70.62, the highest level since October 17, 2018.

Source: sena

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