Oil prices fell during trading today, Monday, amid positive stability of the dollar against most of the major currencies, and crude increased its losses, as “Brent” fell below 75 dollars.
The eyes of the markets are turning to the United States to follow the progress made in the agreement on infrastructure spending in the United States, which is estimated at 1.2 trillion dollars.
On the other hand, the dollar index rose against a basket of major currencies by 17:25 GMT by less than 0.1% to 91.8 points, and recorded the highest level at 92.02 points and the lowest level at 91.7 points.
In terms of trading, US “NYMEX” crude futures for August delivery by 17:22 GMT decreased by 1.8 percent to $72.7 a barrel, and crude recorded the highest price at $74.4 and the lowest price at $72.6.
Brent crude futures for August delivery fell 2% to $74.6 a barrel, with the highest price at $76.6 and the lowest at $74.6.
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