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Oil prices slip as US output increases

  • Regular
  • FX Market
  • 6 months ago
  • 107

Oil prices have gone slightly lower as an increase of U.S. refineries output has dampened the current sentiment although Washington ended all sanction waivers on Iranian oil earlier this week.

Brent crude futures were down by 4 cents at $74.53 per barrel while U.S. West Texas Intermediate (WTI) crude futures were lower by 0.2%  at $65.75 per barrel, down 14 cents.

 

 

Source: Smart Trend Team