Oil eases as investors take profit after 5-day rally - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Monday, 27 September 2021

Oil eases as investors take profit after 5-day rally

Oil markets eased on Tuesday after a five-day rally as investors took profits on fears that higher prices may weaken fuel demand, though market sentiment remained firm amid tight supply. Brent crude futures fell 17 cents, or 0.2%, to $79.36 a barrel at 0121 GMT after surging 1.8% and reaching its highest since October 2018 on Monday.

from Commodities-Markets-Economic Times
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