Open Demo Account
Home / Market Update / Commodities / Oil Down Amid Demand Concerns

Oil Down Amid Demand Concerns

M. Ali 14 September, 2020 11:33 pm Commodities, Market Update

Oil prices fell on Monday, due to concerns and negative expectations for the global demand outlook.

The global benchmark Brent crude futures settled lower by 22 cents, or 0.6%, at $39.61 per barrel.

Meanwhile, the US West Texas Intermediate (WTI) crude futures closed lower by 7 cents, or 0.2%, at $37.26 a barrel.

Tags

Check Also

Is Nvidia Quietly Redrawing the Map of the AI Chip Race?

Nvidia’s decision to commit roughly $20 billion in cash to secure Groq’s inference technology and …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends