Oil prices drop as demand worries linger
Online Desk
Oil prices fell on Friday as concerns over a deteriorating demand outlook continued to weigh on the market.
The West Texas Intermediate (WTI) for January delivery decreased 1.66 U.S. dollars, or 2.13 percent, to settle at 76.28 dollars a barrel on the New York Mercantile Exchange.
Brent crude for January delivery lost 1.71 dollars, or 2 percent, to close at 83.63 dollars a barrel on the London ICE Futures Exchange.
For the week, the WTI dropped 4.78 percent, while Brent dipped 4.55 percent, based on the front-month contracts.
Comment / Reply From
You May Also Like
Latest News
Vote / Poll
ফিলিস্তিনের গাজায় ইসরায়েলি বাহিনীর নির্বিচার হামলা বন্ধ করতে জাতিসংঘসহ আন্তর্জাতিক সম্প্রদায়ের উদ্যোগ যথেষ্ট বলে মনে করেন কি?
হ্যাঁ
না
মন্তব্য নেই
0%
0%
0%
Popular Posts
Archive
Please select a date!
Submit