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Oil prices fall
Energy
- 31 March, 2021
- 05:44
Oil futures have fallen amid pressure after the resumption of traffic in the Suez Canal, Report informs.
The OPEC meeting to be held this week is in the focus of traders.
May futures for Brent crude fell 84 cents, or 1.3 percent, to $64.14 a barrel.
As a result of trading, futures for WTI oil also fell in price by $1.01, or 1.6 percent, to $60.55 per barrel.
Over March, WTI crude oil futures fell in price by 1 percent, while Brent prices fell by less than 1 percent. Meanwhile, since the beginning of this year, both grades of oil have risen in price by about 20 percent.
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