
Oil prices hit multi-month lows on Monday as a budget impasse in the United States threatened to shut down parts of the economy, which is the world\'s top crude consumer. New York\'s West Texas Intermediate (WTI) for November dropped to $101.05 per barrel, which was last witnessed on July 6. The contract later pulled back to $101.72, down $1.15 from Friday. In afternoon London deals, Brent North Sea crude for delivery in November sank to $107.22 per barrel -- the lowest level since August 9. It later stood at $107.90, down 73 cents from Friday\'s closing level.
GMT 22:17 2018 Monday ,22 January
Opec output cuts near victoryGMT 22:57 2018 Saturday ,20 January
the literary canary in India's coalmineGMT 07:11 2018 Friday ,19 January
Oil market heads towards 'smooth rebalancing': OPECGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 19:07 2018 Saturday ,13 January
Oil hits $70 a barrel for the first time in three yearsGMT 15:44 2018 Saturday ,13 January
Bahrain to host MERTC 2018GMT 18:24 2018 Friday ,12 January
No need to panic over $70 oil price: UAE Energy MinisterGMT 13:21 2018 Friday ,12 January
Kuwaiti oil price up 93 cents to stand at US$66.09 per barrel

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor