Oil prices declined by about one percent at the close of today's trading session, marking their lowest level in a week. Brent crude futures fell by 79 cents, or 0.9 percent, settling at $85.75 per barrel. Similarly, West Texas Intermediate (WTI) crude dropped by 83 cents, or one percent, to settle at $82.33 per barrel. This decline follows the shutdown of oil refineries and ports in the United States due to hurricane Beryl, which struck Texas, the state that produces the most oil and natural gas in the country. Source: Qatar News Agency
POPULAR POSTS
QLM Profits Fall Back 22.48%
August 11, 2026
US Stock Indexes Open Mixed on Wall Street
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
QSE Index Opens Lower on Tuesday
August 11, 2026
S. Korea Exports Surge by 57.3% in Q2, Boosted by Semiconductors
August 11, 2026
Oman Crude Oil Price Goes Up by USD 8.13
August 11, 2026