Oil Prices Lower on Profit-Taking

Global oil prices opened lower today as investors claimed profits after a week of gains. New York’s main futures contract, light sweet crude for delivery in July, shed 67 cents to 76.12 dollars a barrel, while Brent North Sea crude for August delivery fell 82 cents to $77.86.

Source: AFP News

Content is for general information purposes only. It is not investment advice or a solution to buy or sell securities. Opinions are the authors; not necessarily that of OANDA Business Information & Services, Inc. or any of its affiliates, subsidiaries, officers or directors. If you would like to reproduce or redistribute any of the content found on MarketPulse, an award winning forex, commodities and global indices analysis and news site service produced by OANDA Business Information & Services, Inc., please access the RSS feed or contact us at info@marketpulse.com. Visit https://www.marketpulse.com/ to find out more about the beat of the global markets. © 2023 OANDA Business Information & Services Inc.