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Crude oil, Brent below 75 dollars and Wti below 70

2023-05-03T08:57:30.414Z


The fall in oil continues on fears of a weakening of the American and Chinese economies, accentuated by the fragility that continues to emerge in the US banking system. (HANDLE)


(ANSA) - MILAN, MAY 03 - The fall in oil continues on fears of a weakening of the American and Chinese economies, accentuated by the fragility that continues to emerge in the US banking system.

Brent and WTI respectively slip below 75 and below 70 dollars a barrel for the first time since March, moving away from the peaks reached after OPEC+'s decision to cut production in early April.

Brent dropped 2.1% to 73.7 dollars while WTI fell 2.4% to 69.92 dollars.

(HANDLE).


Source: ansa

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