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[size=36]A new drop in crude oil prices today, Friday[/size]
Economie| 10:07 - 01/04/2022
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Baghdad - Mawazine News
Today, Friday, oil prices witnessed a slight decrease as they traded in a narrow range before the meeting of consuming countries to discuss a new issuance of emergency oil reserves along with the planned massive release from the United States.
West Texas Intermediate (WTI) crude futures were down 40 cents at $99.89 a barrel at 0437 GMT after trading higher at $101.75. The contract fell 7% on Thursday.
Brent crude futures fell 8 cents to $104.63 a barrel, after falling 5.6 percent on Thursday. The May contract expired on Thursday at $107.91.
International Energy Agency member states will meet at 1200 GMT on Friday to discuss another emergency oil release that follows the March 1 agreement to release about 60 million barrels. Ended 29 / 92
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