Updates on Global Oil Prices - Oil price eases, but Iran sanctions keep Brent above $80 a barrel


Oil prices eased on Wednesday after U.S. data showed a surprise build in domestic crude inventories, but an impending drop in Iranian exports kept Brent futures above $80 a barrel and on track for a fifth straight quarterly gain.

 


Global benchmark Brent fell 53 cents to settle at $81.34 a barrel. On Tuesday, Brent rose as high as $82.55, the highest since November 2014.U.S. West Texas Intermediate (WTI) crude futures lost 71 cents to settle at $71.57 a barrel.

Contact us at sales@excelube.com or whatsapp +6012-2050 537 for more information on our Rubber Process Oil (RPO)Base OilsRefrigeration Compressor OilSlack WaxMicro Wax, Lubricants & Greases to receive best price offers.
 

 

27 Sep 2018