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The Annual Equipment of Pipeline and Oil &Gas Storage and Transportation Event
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The 26thBeijing International Exhibition on Equipment of Pipeline and Oil & Gas Storage and Transportation

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BEIJING, China

March 26-28,2026

LOCATION :Home> News> Industry News

Oil prices drop amid geopolitical tensions

Pubdate：2017-06-07 10:56 Source：liyanping Click：
NEW YORK, June 5 (Xinhua) -- Oil prices settled lower Monday as geopolitical tensions in the Middle East raised market concerns.

The West Texas Intermediate for July delivery lost 0.26 U.S. dollar to settle at 47.40 dollars a barrel on the New York Mercantile Exchange, while Brent crude for August delivery erased 0.48 dollar to close at 49.47 dollars a barrel on the London ICE Futures Exchange. Enditem
 
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