Crude futures settle lower


NEW YORK, May 6 (Xinhua) -- Oil prices went down on Wednesday.

The West Texas Intermediate for June delivery dropped 7.19 U.S. dollars, or 7.03 percent, to settle at 95.08 dollars a barrel on the New York Mercantile Exchange. Brent crude for July delivery lost 8.6 dollars, or 7.83 percent, to settle at 101.27 dollars a barrel on the London ICE Futures Exchange.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Lutnick testifies he can't recall why his family lunched on Epstein's island
Exclusive-US aims for Fourth of July to deploy Qatar-gifted jet as Air Force One
Brazil's billionaire Batista helped broker Lula–Trump meeting, source says
U.S. dollar ticks down
Britain's April services PMI edges up from 11-month low
Cuba blasts 'dangerous' US threats of military action against island
Roundup: European carriers face worst crisis since pandemic as fuel prices soar
Mexico's Sheinbaum battles party split over US cartel charges
Russia approves suburban rail development concept through 2035
US FAA head to face questions from lawmakers after agency cited in fatal air collision

Others Also Read