Brent for January delivery drops 0.69% to $94.64

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Brent for January delivery drops 0.69% to $94.64
Brent for January delivery drops 0.69% to $94.64

Africa-Press – Botswana. The price of a barrel of Brent, for delivery in January ended Friday on the London futures market down 0.69%, to US$94.64.

The strength of the dollar as well as interest rate hikes by the central bank of the United States of America (USA) and other states contributed to the decline, according to analysts cited by Lusa.

In the same vein, there were doubts about China’s demand for oil.

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