Oil fell to three weeks low on exacerbating demand concernsOil fell to three weeks low on exacerbating demand concerns |
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International benchmarks for crude oil extended the falling trend on Monday, 9 August 2021 as the fast-spreading Delta variant hampers demand outlook while the Federal Reserve’s comments on the potential pullback on stimulus shake investors’ confidence further.
Brent for October delivery fell $1.66 to $69.04/barrel.
WTI dropped $1.80 to $66.48/barrel.