Oil Prices Stabilize
Oil prices fell on Monday during early Asian trading. Brent crude futures dropped 24 cents, or 0.23 percent, to $102.90 per barrel, after closing up $2.68 last Friday. U.S. West Texas Intermediate crude fell $1.07, or 1.08 percent, to $97.64 per barrel, following a rise of approximately three dollars in the previous…
Oil prices fell on Monday during early Asian trading. Brent crude futures dropped 24 cents, or 0.23 percent, to $102.90 per barrel, after closing up $2.68 last Friday.
U.S. West Texas Intermediate crude fell $1.07, or 1.08 percent, to $97.64 per barrel, following a rise of approximately three dollars in the previous session. Both benchmarks have increased by more than 40 percent this month, reaching their highest levels since 2022.
