Crude oil prices declined on Monday amid concerns about the speed of recovery in global oil demand during the ongoing COVID-19 pandemic.

 

Official data in China showed that Beijing's imports of oil rose 13% in August on an annual basis, to the level of 11.18 million barrels per day.

 

Brent crude futures for November fell 1.6% to $41.99 a barrel, at 8.55 am Mecca time.

 

US West Texas Intermediate crude was at $38.99 a barrel, down 2%.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Join Us

Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request