Crude oil prices drop, WTI below $85, Brent under $91
9 Articles
9 Articles
The price of Brent's barrel, a reference in Europe, fell this Monday, August 24, almost 2% and was moving away from the 93 dollars, while the markets were waiting for the announcement of the economic measures that the US will impose on Iran. At 18:30 (16:30 GMT), Brent dropped 1.91% and the barrel was traded at 92.63 dollars, although it reached a maximum of 93.81 dollars during the session. Texas intermediate oil (WTI), a reference in the US, f…
(Dan Tri Newspaper) - 2.7 million households and individual businesses, and over 865,000 enterprises will receive a 30% reduction in income tax for two years according to a new policy by the National Assembly. On the world market, US crude oil is trading around $85 per barrel.
Crude oil futures prices at the New York Mercantile Exchange fell for the first time in seven trading days on Monday, the 24th, with the benchmark West Texas Intermediate (WTI) October delivery closing down $2.05 from the previous week at $85.01 per barrel.
WTI Crude Slips Toward $85 As Market Weighs US Strike On Iran
BitcoinWorld WTI Crude Slips Toward $85 as Market Weighs US Strike on Iran West Texas Intermediate (WTI) crude oil retreated toward $85 per barrel on Monday, as traders positioned cautiously ahead of a potential US military offensive against Iran, a move that could disrupt global oil supplies and reshape energy market dynamics. Oil Prices Under Pressure From Geopolitical Uncertainty WTI futures slipped as much as 1.2% in early trading, pulling …
The international price of oil is falling. On August 24, the price of WTI crude was around $85 per barrel and Brent at $91, a sign that the market remains very sensitive to what happens with Iran and the Strait of Hormuz. Why did the price of oil fall? Today’s fall seems to be mainly due to investors taking profits after the recent sharp rise. Brent had six consecutive sessions going up, so some investors are selling and collecting profits. In a…
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