A 0 75 Percent Decrease From The Closing Price Of Usd85 28a Barrel In Previous Trading Session American Benchmark West Texas Intermediate Wti Traded At Usd79 31 Per Same Time News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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Oil down ahead of industry data

(Photo from Anadolu) ANKARA-Oil prices fell on Monday ahead of industry data by two major energy watchdogs as well as rising Covid-19 (coronavirus disease 2019) cases in China. International benchmark Brent crude traded at USD84.64 per barrel at 10.26 a.m. local time (0726 GMT), a 0.75 percent decrease from the closing price of USD85.28 a barrel in the previous trading session. The American benchmark West Texas Intermediate (WTI) traded at USD79.31 per barrel at the same time, a 0.99 percent loss after the previous session closed at USD80.11 a barrel. The Organization of the Petroleum Exporting Countries (OPEC) and International Energy Agency (IEA) will publish their monthly oil market reports on Tuesday and Wednesday, respectively, which will cover major issues affecting the world oil market and provide an outlook for demand and supply in the crude oil market. The markets are also highly concerned that the rising Covid-19 cases in China, the largest oil importer in the world, may impe ....

United States , Turkey General , International Energy Agency , Organization Of The Petroleum Exporting Countries , West Texas Intermediate , Petroleum Exporting Countries , Hoto From Anadolu Ankara Oil Prices Fell On Monday Ahead Of Industry Data By Two Major Energy Watchdogs As Well Rising Covid 19 Coronavirus Disease 2019 Cases In China International Benchmark Brent Crude Traded At Usd84 64 Per Barrel 10 26am Local Time 0726 Gmt , A 0 75 Percent Decrease From The Closing Price Of Usd85 28a Barrel In Previous Trading Session American Benchmark West Texas Intermediate Wti Traded At Usd79 31 Per Same Time , A 0 99 Percent Loss After The Previous Session Closed At Usd80 11a Barrel Organization Of Petroleum Exporting Countries Opec And International Energy Agency Iea Will Publish Their Monthly Oil Market Reports On Tuesday Wednesday , Hich Will Cover Major Issues Affecting The World Oil Market And Provide An Outlook For Demand Supply In Crude Markets Are Also Highly Concerned That Rising Covid 19 Cases China , He Largest Oil Importer In The World , Ay Impede The Country 39s Economic Recovery Fears That Weak Oil Demand In Will Postpone Are Pushing Prices Lower After Covid 19 Restrictions Were Relaxed Last Month , He Beijing Government Stopped Reporting The Number Of Cases , Ut Health Officials In Several Cities China Are Stating That The Majority Of Population Is Fighting Disease Amid Reports Government Hiding Real Number Cases , He Experts Warn That 70 Percent Of The 1 4 Billion People In Country May Contract Disease Throughout Winter If Mass Spread Continues At This Speed Anadolu ,