Brent Crude prices fall 6% amid failure to reach deal to freeze oil

25 November 2024

Brent Crude prices fall 6% amid failure to reach deal to freeze oil output

13:28 18 April 2016 Read: 974

Brent Crude prices fall 6% amid failure to reach deal to freeze oil output

Brent crude prices fell by more than 6 percent after oil producing countries failed to reach an agreement in the Qatari capital Doha to freeze oil output, media reported Monday.

According to the CNBC news outlet, the lack of a deal on Sunday sent the commodity`s prices tumbling in early trading hours on the New York Mercantile Exchange (NYMEX).ent-crude-price.html#ixzz469WVQrnb

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