5 Articles
5 Articles
(New York = Yonhap News) Correspondent Kim Yeon-sook = International oil prices fell on the 2nd (local time) following news that the Group of Seven (G7) would release their strategic oil reserves.
Future oil contracts closed this Friday (2) in a fall, while the market evaluates the plans for the release of strategic reserves of the G7 countries in order to contain the triggering of fuel prices in the pumps. The group will release up to 100 million barrels of crude oil and diesel, according to the president of France, Emmanuel Macron. Thus, the Brent oil with delivery for December closed practically stable, with a slight decrease of 0.06%,…
Oil closed down this Friday (2), after a session marked by volatility, with prices oscillating with the news that the G7 countries are studying to release 100 million barrels of diesel and oil in the market to relieve the tight supply, while tensions in the Middle East follow high and an agreement [...]
Brent for December closed down by 0.06%, to US$ 102.25 the barrel, and the WTI for November fell 1.9%, to US$ 91.11 the barrel; in the week, Brent rose 4.94%, while the WTI yielded 1.41%
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