Oil prices decreased on anticipation of higher crude supply

Oil prices decreased on anticipation of higher crude supply
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16.11.2021

MOSCOW (MRC) -- Crude oil prices fell on Monday on expectations of increasing supply, while the recent surge in energy costs and rising COVID-19 cases are expected to weigh on demand, said Hydrocarbonprocessing.Brent crude futures fell 87 cents , or 1.1%, to $81.30 a bbl, as of 11 a.m. EDT (1500 GMT). U.S. West Texas Intermediate (WTI) crude lost 80 cents, or 1.0%, to USD79.99 a bbl. Oil

Full article at mrcplast.com

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