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Brent drops to $85.97 per barrel
Energy
- 14 August, 2023
- 05:51
Oil prices dropped on Monday amid the overall outflow of investors' funds from risky assets due to the signals of a new wave of crisis in the Chinese real estate market.
The US dollar gained 0.12%, which makes investments in crude less attractive, Report informs via Interfax.
Brent's October futures dropped by $0.84 (0.97%) at London's ICE, settling at $85.97 per barrel.
September futures for WTI by that moment dropped by $0.85 (1.02%), to $82.34 per barrel.
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