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.