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Oil prices decline for the second day in a row

by Alexandra Hartman Editor-in-Chief

2024-01-22 04:47:08

Oil prices fell on Monday for the second day in a row.

By 0105 GMT, the price of Brent crude fell 41 cents, or 0.5 percent, to $78.15 a barrel, following falling 54 cents upon settlement on Friday.
West Texas Intermediate crude futures for February delivery fell two years to $73.39 per barrel. The contract expires later Monday.

The most active March contracts for West Texas Intermediate crude recorded $72.95 per barrel, down 30 cents.

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