Holiday News

Oil prices edge up, but on track for biggest weekly decline since March

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Holiday Holiday Headlines News

Concerns about the impact on fuel demand from travel restrictions to curb the spread of the Delta variant of Covid-19 weigh on oil prices

An oil tanker waits in line in the ocean outside the Port of Long Beach-Port of Los Angeles complex in California, US. Picture: REUTERS/LUCY NICHOLSON

Brent crude oil futures were up 39 cents at $71.68 a barrel by 09.40 GMT and US West Texas Intermediate crude futures rose 39 cents to $69.48, though both contracts have given up 6% this week. Japan is poised to expand emergency restrictions to more prefectures while China, the world's second-largest oil consumer, has imposed curbs in some cities and cancelled flights.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in HOLİDAY

Holiday Holiday Latest News, Holiday Holiday Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

US oil on track for biggest weekly loss since OctoberTravel restrictions by top consumers to curb spread of the Covid-19 Delta variant lifts demand concerns I never thought of meeting a legit bitcoin trader after been scammed many times at my age but the heavens sent shantelll_142 guided me and help me make a living through bitcoin with my LUNO app , I recommend you to meet her now and also be a beneficiary of good work
Source: BDliveSA - 🏆 12. / 63 Read more »