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US West Texas Intermediate

US West Texas Intermediate latest

Oil declines 3.5%, hits lowest level in 8 months
August 3rd, 2024 - 08:20 GMT
Reema Tuqan

Reema Tuqan

Oil declines 3.5%, hits lowest level in 8 months

ALBAWABA - Oil prices fell significantly on Friday, recording the lowest level since January 2024. This decline is marked by the US slow job growth, in addition to some Chinese economic data that managed to change the overall prices. Oil and crude drops Brent crude futures dropped $2.71, nearly (3.41%) and priced at $76.81 a barrel, while US West Texas Intermediate (WTI) crude futures fell $2.79 nearly (3.66%) and priced ...
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