Author: Web Desk

Oil Prices Drop 7% as Brent Falls to $96.30

London: Oil prices fell by 7% today, Monday. Brent crude futures dropped by $7.24 to $96.30 per barrel by 18:43 GMT, while US West Texas Intermediate crude fell by $6.30, or 6.5%, to $90.88 per barrel. Trading volumes were light due to the US Memorial…

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Oil Jumps More Than 3%, Posting Strong Weekly Gains

Abu dhabi: Oil prices rose on Friday by more than 3% amid strong weekly gains for both benchmark crudes. Brent crude futures increased by $3.54, or 3.35%, to settle at $109.26 per barrel. US West Texas Intermediate (WTI) crude futures also rose by $4….

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