الأرشيف

Oil Prices Drop, Brent Hits $ 75.22 A barrel

Dubai – Massaader News

Oil prices fell on Monday, and Brent crude for July delivery fell by 1.6% to $ 75.22 a barrel, with concerns of oversupply, according to a report published by Mubasher.

Nymex crude futures for July delivery fell by $ 66.76 a barrel, down 1.7%.

Last week, Baker Hughes announced a jump in the number of crude drilling platforms in the week ending May 25 by 15, the highest since February, according to Mubasher.

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