Crude oil futures settle at $69.34 ...Middle East

Crude oil is settling at $69.34. It is down four cents or -0.06% on the day. The high price reached $70.48 the low price was down at $68.80. The low price reached the lowest level going back to June 28. For the year, the price is now down -13.47%. That's the largest year-on-year decline since 2020, when the price fell 20.54%. In 2021, the price rebounded 55.01%, and last year the price rose 6.71%.Market participants are now looking forward to the U.S. jobs report due on Friday for further direction in the oil market. The markets are more concerned about global growth. Remember, however, that lower gas/oilprices do ease inflation fears and tend to increase confidence. The average price of

Hence then, the article about crude oil futures settle at 69 34 was published today ( Thursday 07/12/2023 - 11:08 PM ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

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Last updated : 07 Dec 2023 clock 11:08 PM

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