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[size=36]Basra crude records weekly losses and closes at $73.90 a barrel[/size]
Economie| 10:07 - 18/12/2021
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Follow-up – Mawazine News:
Basra Light crude prices declined, posting a weekly loss of 1.43%, while oil prices fell in general after the increase in cases of the “Omicron” variable, which raised fears of new restrictions that harm the demand for fuel.
Basra Light crude contracts closed at $73.90 a barrel, down $1.83, or 1.90%, to achieve a weekly loss of $1.07.
Brent crude futures ended the session down $1.50, or 2%, to $73.52 a barrel, while US West Texas Intermediate crude fell $1.52, or 2.1%, to $70.86 a barrel.
Brent fell 2.6% on a weekly basis, and WTI fell 1.3%. Ended 29/A 4
Basra Light crude prices declined, posting a weekly loss of 1.43%, while oil prices fell in general after the increase in cases of the “Omicron” variable, which raised fears of new restrictions that harm the demand for fuel.
Basra Light crude contracts closed at $73.90 a barrel, down $1.83, or 1.90%, to achieve a weekly loss of $1.07.
Brent crude futures ended the session down $1.50, or 2%, to $73.52 a barrel, while US West Texas Intermediate crude fell $1.52, or 2.1%, to $70.86 a barrel.
Brent fell 2.6% on a weekly basis, and WTI fell 1.3%. Ended 29/A 4
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