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          The 16thBeijing International Natural Gas Technology & Equipment Exhibition
          
	
          
	
          
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          March 26-28,2026
          
	
          

          











          
	
          LOCATION :Home > News> Industry News
          
	
	
          
		
          Oil prices drop amid geopolitical tensions
          
		
          
			Pubdate：2017-06-07 11:00
			Source：liyanping
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		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