• Brent crude is down 1% at $ 71.82 per barrel

    20/05/2018

    Oil fell 1% yesterday, as the markets opened after Western air strikes in Syria earlier this week, while prices were under additional pressure from the increased US drilling.

    Brent crude futures were at $ 71.85 a barrel by 0547 GMT.

    US crude futures were down 57 cents, 0.9 percent, at $ 66.82 a barrel.

    Nevertheless, Brent is still up more than 16% from the low record of 2018 in February due to strong demand, conflicts and tensions in the Middle East.​

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