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Weekly loss in oil costs in international markets… 3% for American crude – Youm7

Written by – Marwa Al-Ghoul

Sunday, July 28, 2024 02:00 p.m

registered Oil costs International markets suffered weekly losses, as international benchmark crude oil declined Brent By greater than 1%, crude additionally declined West Texas The American common is about 3%.

Oil costs recorded $81.13 per barrel for Brent crude futures contracts, whereas US West Texas Intermediate crude futures contracts recorded $77.16 per barrel, as costs noticed a decline of about 1.5% throughout Friday buying and selling.

The Philippine Coast Guard introduced an oil leak on the nation’s coast, after an oil tanker sank as a result of dangerous climate linked to Hurricane Jaime.

He mentioned in an announcement revealed by Philippine media {that a} marine crew member died when the vessel MT Terra Nova sank, confirming the response to the continued oil spill within the waters close to Limay Bataan.

Philippine Coast Guard spokesperson Commodore Armando Balilo mentioned the Coast Guard’s Marine Environmental Safety (MEP) personnel are actively deploying oil dispensers and amassing spilled oil within the space. round.

On account of Hurricane Jaime, round 300,000 folks had been evacuated and transport was blocked in jap and southern China, the place it brought about main unrest on Friday, in accordance with official media.

2024-07-28 11:00:00
#Weekly #loss #oil #costs #international #markets.. #American #crude #Youm7

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