Oil prices fell after reaching the barrier of $ 50 a barrel observer
Oil prices fell after reaching the barrier of $ 50 a barrel observer
5/27/2016 2 Visit
reached raw Osaralinvt $ 50 a barrel on Thursday, the first time in seven months, but backed off and landed at the settlement.
Reuters reported rising crude futures for International benchmark Brent and WTI US mediator by about 90 percent since it tumbled to its lowest level in 12 years in the winter.
It was trading Brent crude futures price of $ 49.59 a barrel at the settlement, down 15 cents, after rising to $ 50.51 a barrel, its highest level since early November.
US crude futures fell in eight cents to $ 49.48 a barrel at the settlement, after a record 50.21 dollars a barrel, its highest level since early October
Posting Permissions
Reply With Quote