Oil Prices Drop, Brent Hits $ 69.08 A barrel

Dubai – (Massader News)

Oil prices fell on Wednesday. Brent crude futures fell by 0.1% to $ 69.08 a barrel ahead of the release of preliminary US inventory data, according to a report published by Mubasher.

The price of NYMEX crude futures settled at $ 63.70 a barrel.

Investors are waiting for the US Petroleum Institute to release inventory data later in the day, according to Mubasher.

Optimized with PageSpeed Ninja