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Oil Prices Drop, Brent Hits $ 68.18 A barrel

Dubai – (Massader News )

Oil prices fell during Monday’s trading, and the price of crude oil futures, “Brent” for delivery in April fell by 0.6% to 68.18 dollars a barrel, according to a report published by Mubasher.

Baker Hughes announced an increase in oil drilling platforms in the United States by 6 platforms last week to reach 765 platforms.

According to data from the US Energy Information Administration, the oil supply  from the United States exceeded 10 million barrels per day last November for the first time in nearly 48 years.

US crude futures for March delivery fell more than 0.3 percent to $ 65.23 a barrel, according to Mubasher.

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