Oil trims losses, Brent ends near 1-month low
22/04/2024
Argaam
Oil prices fell on Monday, as geopolitical tensions in the Middle East eased and investors assessed supply and demand prospects.
Brent crude for June delivery dropped 0.3%, or 29 cents, to $87 a barrel, the lowest level since March 27.
US West Texas Intermediate (WTI) crude futures for May, which expired today, edged down 0.4% to $82.85 a barrel, after touching $81.85 during the session.
WTI’s most active contracts for June declined 0.4%, or 32 cents, to $81.90 a barrel.
Market Indices
Dubai
5,897.57
(9.63)
(0.16 %)
Abu Dhabi
9,960.24
(33.00)
(0.33 %)
TASI
10,542.23
(47.72)
(0.45 %)
Qatar
9,209.53
(49.77)
(0.54 %)
Kuwait
9,063.91
13.25
0.15 %
Muscat
7,828.06
39.92
0.51 %
Bahrain
1,898.90
(2.96)
(0.16 %)
Commodity Price
Brent Crude Oil
102.20
1.27
1.26%
Nymex
89.08
(1.16)
(1.29%)
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