Oil prices continue to decline, fall more than 1%
06/09/2021
Argaam
Oil rigs
Oil prices declined more than 1% on Monday amid demand concerns as COVID-19 cases continue to rise in some countries.
The international benchmark Brent crude was trading down 1.5% at $71.54 per barrel, at 8.56 am Makkah time.
WTI crude fell 1.4% to $68.30 per barrel.
Saudi Arabia reduced prices for all crude grades to customers in Asia during October, and kept the selling price to northwest Europe and the United States unchanged.
Meanwhile, Standard Chartered said it expects OPEC + to stop the monthly increases in supply by December.
About Us
Join Us
Argaam Tools is an advanced tool that provides investors, analysts, research houses, and corporate executives with easy access to a single source for in-depth data on macroeconomy, capital market, sectors, and companies insights.
Argaam.com Copyright © 2026, Argaam Investment, All Rights Reserved
Call Request
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}