Global Oil Prices Decline

Oil prices dropped by more than 1% at the start of Asian trading on Monday, driven by positive developments that eased concerns over the stability of global oil supplies, along with expectations of increased market supply.اضافة اعلان

According to Bloomberg, Brent crude futures fell by 78 cents, or 1.15%, to $67.18 per barrel, while U.S. West Texas Intermediate (WTI) dropped by 77 cents, or 1.19%, to $63.91 per barrel.