April 27, 2021 | oil and gas

Oil Prices Decline Due To The Complications Of Coronavirus In India


Baghdad (NINA) - Oil prices fell today, Monday, against the backdrop of fears that the escalation of Covid-19 cases in India will squander demand for fuel in the third largest importer of oil in the world.

Brent crude futures fell 0.6 percent to $ 65.73 a barrel, after rising 1.1 percent last Friday.

US crude futures, 'West Texas Intermediate', fell 0.5 percent to 61.83 dollars a barrel, after rising 1.2 percent on Friday.

On a weekly basis, the two benchmarks lost about 1 percent last week

ninanews

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