Oil Prices Fell After The Announcement Of Increase In The Number Of American Drilling Platforms

Dubai – (Masaader News)

Oil prices fell on Monday, after the announcement of an increase in the number of US drilling platforms.

Brent crude was down 0.1% at $ 52.07 a barrel.

US crude “Nymex” for July delivery fell 0.2% to $ 49.69 a barrel.

Baker Hughes said in a statement Friday that the number of oil drilling platforms in the United States rose for the 19th week in a row.

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