crude prices retreat on profittaking
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Crude prices retreat on profit-taking

Arab Today, arab today

Arab Today, arab today Crude prices retreat on profit-taking

Oil prices
New York - XINHUA

Oil prices dropped Friday on profit-taking after a three-day rise.

According to data released Friday by oil service company Baker Hughes, the number of U.S. oil rigs in use fell by 10 this week to 318.

The gradual return of Canada crude output also weighed on the market. Between 900,000 and 1 million barrels a day of oil production were offline early this week due to the wildfires raged in the western Canada oil city of Fort McMurray, some oil pipelines have been shut down.

U.S. crude supplies of last week lost 3.4 million barrels to 540 million barrels, according to the Energy Information Administration (EIA)'s weekly report released Wednesday. Crude production of the country decreased 23,000 to 8.802 million barrels a day last week.

The West Texas Intermediate for June delivery moved down 49 cents to settle at 46.21 dollars a barrel on the New York Mercantile Exchange, while Brent crude for July delivery decreased 25 cents to close at 47.83 dollars a barrel on the London ICE Futures Exchange.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

crude prices retreat on profittaking crude prices retreat on profittaking

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

crude prices retreat on profittaking crude prices retreat on profittaking

 



GMT 08:23 2017 Monday ,03 April

Tesla tops quarterly sales forecast

GMT 20:11 2017 Saturday ,25 March

Former head of Egypt’s syndicate submits appeal

GMT 05:28 2017 Sunday ,26 November

Gas exporters call for 'fair price'

GMT 10:51 2018 Tuesday ,11 December

Cloudy weather with rain showers forecast Tuesday

GMT 20:00 2017 Monday ,25 September

Tourism minister leaves for France to attend Top Resa

GMT 22:07 2017 Tuesday ,02 May

UAE soldier martyred in Yemen

GMT 00:25 2017 Sunday ,10 September

Philippines Sees the Bloodiest

GMT 20:21 2017 Wednesday ,08 November

Ambassador Aizaz Chaudhry met members of Congress in US

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday