World Oil Price Falls to US$68.57/Barrel (Monday, May 10, 2021)

Market

Lite

Yosepha Pusparisa 10/05/2021 11:30 WIB

URL has been copied

Memuat...

Global oil prices fell on Monday, May 10, 2021, as of 10:25 WIB. Brent crude traded at US$68.57 per barrel, down 0.48% from the previous trading session. WTI crude also fell 0.46% to US$65.16 per barr

Global Crude Oil Daily Price (May 10, 2021, 10:25 WIB)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

World Oil Price Falls to US$68.57/Barrel (Monday, May 10, 2021)

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Global Crude Oil Daily Price (May 10, 2021, 10:25 WIB)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Global crude oil prices fell in trading on Monday, May 10, 2021, until 10:25 WIB. Brent crude traded at US$68.57 per barrel, down 0.48% from the previous trading day. Similarly, West Texas Intermediate (WTI) crude oil also fell 0.46%, reaching US$65.16 per barrel.

Quoting Antara news agency, oil prices had briefly risen at the end of trading on Friday (Saturday morning WIB). This was reportedly driven by optimism over global economic recovery. China, a major driver of the global economy, showed export growth in April, followed by expansion in the service sector.

Furthermore, the easing of COVID-19 restrictions in the United States and Europe also boosted oil prices. Resuming factory operations and COVID-19 vaccination programs increased fuel demand.

Editor : Aria W. Yudhistira

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."