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decrease in global oil prices; Brent was 82 dollars and 37 cents

The price of a barrel of Brent North Sea oil today decreased by 38 cents equal to 0.46% to 82 dollars and 37 cents.

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The price of a barrel of Brent North Sea oil today decreased by 38 cents, equivalent to 0.46%, to 82 dollars and 37 The tradition arrived. Texas Intermediate oil West also decreased by 46 cents, equivalent to 0.59%, to $78 and 16 cents are traded.

The price of Brent crude oil index and US oil increased by 3% over the past week, which is their best performance since the fifth It was April.

The Organization of Petroleum Exporting Countries (OPEC) continues to prediction for high growth in global demand for oil this year. It is emphasized and investment bank Goldman Sachs also high demand for fuel in America this summer. has predicted.

The price of oil decreased last week due to the result of the OPEC+ alliance meeting on the gradual increase in production after September.

Russia, pointing out that it exceeded its production quota according to the OPEC+ agreement in May, promised to adhere to its obligations under the agreement of this alliance and to support the market more than before. .

But the process of increasing oil prices stopped this week following the decision of the US central bank to keep the interest rate constant. The American Federal Reserve announced that the interest rate reduction process will probably start in December, which means the end of this year.

Meanwhile, the International Energy Agency announced in a report on Wednesday that it predicts the demand for oil in 2029 to reach its peak and be fixed at around 106 million barrels per day at the end of the current decade.


© Webangah News Hub has translated this news from the source of Mehr News Agency
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