Updates on Global Oil Prices

6th September 2018

Oil prices fell more than one percent on Wednesday (5th Sept) after a U.S. Gulf storm weakened and moved away from oil-producing areas and as concerns mounted about global trade disputes and Turkey's currency crisis hurting demand.

 
U.S. West Texas Intermediate (WTI) crude futures fell $1.15 to settle at $68.72 a barrel, a 1.65 percent loss.
 
Brent crude futures fell 90 cents to settle at $77.27 a barrel, a 1.15 percent loss. The global benchmark had climbed in the previous session to $79.72 a barrel, its highest since May.
 

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06 Sep 2018