Near the level of $ 71 .. a decline in the...

Wednesday 25 August 2021 11:05 AM

Awaiting the release of US inventory data, while following up on the developments of the “Corona” virus

Brent crude declined during trading, today, Wednesday, but it is still trading near the level of $ 71, in anticipation of the release of US inventory data, while following up on the developments of the “Corona” virus.

Crude prices fell even though the American Petroleum Institute announced that inventories fell by 1.6 million barrels during the week ending August 20.

The US Energy Information Administration will release official inventory data later today.

And according to Reuters, in terms of trading, the futures contracts for the standard “Brent” crude for October delivery fell 0.2% to $ 70.92 a barrel, at 09:05 in the morning, Mecca time.

US “NYMEX” crude contracts for October delivery fell 0.2% to $67.40 a barrel.

August 25, 2021 – Muharram 17, 1443 10:27 AM

Awaiting the release of US inventory data, while following up on the developments of the “Corona” virus

Near the level of $ 71.. a drop in the price of Brent crude within Wednesday’s trading

Brent crude declined during trading, today, Wednesday, but it is still trading near the level of $ 71, in anticipation of the release of US inventory data, while following up on the developments of the “Corona” virus.

Crude prices fell even though the American Petroleum Institute announced that inventories fell by 1.6 million barrels during the week ending August 20.

The US Energy Information Administration will release official inventory data later today.

And according to Reuters, in terms of trading, the futures contracts for the standard “Brent” crude for October delivery fell 0.2% to $ 70.92 a barrel, at 09:05 in the morning, Mecca time.

US “NYMEX” crude contracts for October delivery fell 0.2% to $67.40 a barrel.

Source : World news: Near the level of $ 71 .. a drop in the price of Brent crude during Wednesday’s trading

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