Oil prices fell more than 2% during Monday's trading, continuing their losses in the past week, with the rise of the US dollar and in conjunction with concerns related to the delta strain of the Corona virus.
According to Reuters, Jordan Ramsey, an analyst at Royal Bank of Canada, said fears related to dwindling global oil demand have re-emerged in light of the acceleration in the rate Delta strain injuries.
The implementation of new restrictions in China - the world's second-largest crude consumer - is also a major reason to confuse growth forecasts, the financial analyst firm ANZ indicated. request.
Economic data showed that China's imports of crude oil fell in July to 9.71 million barrels per day, the fourth consecutive month in which imports recorded a level below 10 million barrels per day. .
In terms of trading, Brent crude futures for October delivery fell by 2.2% to $69.14 a barrel.
The US NYMEX crude contracts for September delivery also fell 2.4%, recording $66.67 a barrel.
