Syrian Oil and Gaz News

NYMEX crude oil futures fell below Flash Disk 68 U.S. dollars per barrel

Monday morning after crude oil futures prices fell back below 68 U.S. dollars, a continuation of the previous trading day down the momentum. Demand for the oil market remains weak as well as the U.S. dollar against all major currency exchange rates generally higher, is the main reason for lower oil prices today.

 

 

9:55 am EST on Monday, the New York Mercantile Exchange, July crude oil futures settlement prices unchanged at 68.42 U.S. dollars a barrel; disk before the Globex electronic trading system in the oil prices fell 80 cents, or 1.2 percent, at every 67.64 U.S. dollars a barrel.

 

German commercial banks, analysts believe that the fundamentals of view, the current oil market remains weak demand, while supply is still increasing, leading to rising oil inventories.

 

Last Friday the price of crude oil futures topped 70 U.S. dollars a barrel mark, but closed down 0.5%.