Oil prices fell during trading today, Friday, but they are heading towards recording weekly losses, after US Federal Reserve officials stated that interest cuts should be postponed for at least two additional months.
In terms of trading reported by the CNBC Economic Network, Brent crude futures fell by about 0.4 percent to $83.32 per barrel.
US crude contracts also fell 0.5 percent, recording $78.24 per barrel.
Oil futures rose yesterday, Thursday, amid continuing hostilities in the Red Sea, with the Houthis escalating their attacks near Yemen.
Petra
Oil prices fell during trading today, Friday, but they are heading towards recording weekly losses, after US Federal Reserve officials stated that interest cuts should be postponed for at least two additional months.
In terms of trading reported by the CNBC Economic Network, Brent crude futures fell by about 0.4 percent to $83.32 per barrel.
US crude contracts also fell 0.5 percent, recording $78.24 per barrel.
Oil futures rose yesterday, Thursday, amid continuing hostilities in the Red Sea, with the Houthis escalating their attacks near Yemen.
Petra
Oil prices fell during trading today, Friday, but they are heading towards recording weekly losses, after US Federal Reserve officials stated that interest cuts should be postponed for at least two additional months.
In terms of trading reported by the CNBC Economic Network, Brent crude futures fell by about 0.4 percent to $83.32 per barrel.
US crude contracts also fell 0.5 percent, recording $78.24 per barrel.
Oil futures rose yesterday, Thursday, amid continuing hostilities in the Red Sea, with the Houthis escalating their attacks near Yemen.
Petra
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Yemeni group attacks in the Red Sea raise oil prices
 
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