Oil Prices Drop, Brent Hits $ 65.75 A barrel

Dubai – ( Massader News)

Oil prices fell on Monday, and Brent crude futures fell by 0.7% to $ 65.75 a barrel as crude oil exploration activity in the United States increased, according to a report published by Mubasher.

Nymex crude futures fell to 61.96 dollars a barrel, dropped by 0.6 percent.

Baker Hughes data showed that crude drilling platforms in the United States rose by 4 platforms to 800 platforms in the week ending March 16.

US production rose to 10.369 million bpd in the week ending March 9, according to Mubasher.

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