Oil prices decline to $63.75 as Russian shipments resume
after close1 source ↓written by the desknot a recommendation
- 0.99%
- per barrel
- $63.75
- of global supply
- 2%
Oil prices fell on Monday, with Brent crude down 0.99% to $63.75 per barrel. This decline follows the resumption of loadings at the Russian port of Novorossiysk, which had been suspended due to a Ukrainian attack, affecting about 2% of global supply. Concerns over OPEC+ production increases also weighed on market sentiment.
Not investment advice. For informational purposes only.