The global price of oil today, July 4; Brent reached 84 dollars and 84 cents
reported Mehr reporter, the trading price of Brent oil decreased by 40 cents, equal to 0.5%, to 84 dollars and 84 cents per barrel. Also, the price of Texas WestIntermediate transactions decreased by 39 cents, equivalent to 0.5%. It reached 80 dollars and 34 cents per barrel.
Tony Sycamore, market analyst at AI /span> Jay said in this time: The dollar increased this morning and It seems that it has broken a higher rate after the publication of favorable figures from the American Purchasing Managers’ Index on Friday and political concerns ahead of the French elections.
U.S. oil inventories fell last week, while gasoline inventories rose for a seventh straight week and jet fuel consumption returned to 2019 levels.
Geopolitical risks in the Middle East caused by the Gaza crisis and the increase in drone attacks of Ukraine on Russian oil refineries. The price of oil has supported.
According to a Reuters report, Baker Hughes’s statistics on Friday showed the number of US oil rigs last week. It fell three rings to 485 rings, the lowest number since January 2022.
