NEW YORK, Nov. 14 (Xinhua) -- Oil prices fell noticeably on Monday after the Organization of the Petroleum Exporting Countries (OPEC) cut its outlook for growth in crude demand in 2022 and 2023.
The West Texas Intermediate (WTI) for December delivery decreased 3.09 U.S. dollars, or 3.5 percent, to settle at 85.87 dollars a barrel on the New York Mercantile Exchange. Brent crude for January delivery lost 2.85 dollars, or 3 percent, to close at 93.14 dollars a barrel on the London ICE Futures Exchange.
Already a subscriber? Log in
Save 30% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
