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    Moses Singer Welcomes Entertainment and Intellectual Property Partner Frederick Bimbler – Yahoo Finance

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    Moses Singer Welcomes Entertainment and Intellectual Property Partner Frederick Bimbler – Yahoo Finance

    Moses Singer Expands Team with New Entertainment and Intellectual Property Partner Frederick Bimbler

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Longhua District and Max-Matching Entertainments, supported by RWS Global forge strategic partnership to develop international IP-themed entertainment complex – Amusement Today

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Government whip to withdraw Entertainment Complex Bill on July 9 – Nation Thailand

    Magicians and Battlebots light up Las Vegas entertainment scene – KSNV

    Magicians and Battlebots Take Las Vegas Entertainment by Storm

    Max-Matching Entertainments & Longhua District form partnership for new entertainment complex – Blooloop

    Max-Matching Entertainments and Longhua District Unite to Launch Thrilling New Entertainment Complex

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

    Kennedy Publishing, MGA Entertainment Launch Yummiland Magazine – License Global

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    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

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    PAP Boss to Niger Delta Youths, Stay Away from the Protest

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    Court Restricts Protests In Lagos To Freedom, Peace Park

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    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

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‎Oil falls, records third-weekly loss

June 9, 2024
in Business
‎Oil falls, records third-weekly loss
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Oil rises, Brent trades above $80 a barrel

Oil drilling rigs

Oil prices settled lower on Friday, recording a weekly loss for the third straight week, pressured by demand slowdown worries and the continued US monetary tightening that pushes the dollar higher.

Brent crude futures for August delivery fell 0.3%, or 25 cents, at $79.62 per barrel, with a weekly loss of 1.8%.

WTI crude for June delivery stabilized at $75.53 per barrel, with a loss of 1.9% this week.

The dollar index, which measures the dollar against a basket of major currencies, rose 0.80% to 104.91 points, at 10:22 pm Makkah time, which pressures the prices of goods denominated in the US currency.

US oil rig count declined four units to 492 in the week ended May 27, Baker Hughes said in its weekly report.

On the sidelines of the St. Petersburg Economic Forum, Russian Deputy Prime Minister Alexander Novak said global oil demand will likely rise by one million barrels per day on average every year of the next 10 years.

The US government announced today its plan to purchase six million barrels of crude oil to support its strategic stocks, which declined after historic withdrawals two years ago.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : Argaam EN – https://www.argaam.com/en/article/articledetail/id/1733676

Tags: businessFalls‎Oil
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