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2% drop in oil prices

The price of black gold fell by 2% in the energy market transactions.

Although earlier today the price of oil witnessed an upward trend due to the concern of the escalation of conflicts in the West Asia and its effect on the supply of oil to the market, but with the assurance of the Zionist authorities to the United States about preventing the spread of conflicts, the market witnessed a fall in the price It was oil. 

According to the Reuters news agency, the price of oil in today’s transactions of the world market saw a fall of 2%. 

Accordingly, North Sea Brent oil was traded at $79 and 78 cents per barrel with a decrease of one dollar and 35 cents. The price of West Texas Intermediate oil also decreased by one dollar and 35 cents to reach $75 and 81 cents per barrel. 

The price reduction comes after two Israeli officials who spoke on condition of anonymity told Reuters that although Tel Aviv is seeking to strike back at Hezbollah, it does not want to fuel an all-out war in the region. . 

Translator: Abulfazl Hashemi

 

© Webangah News Hub has translated this news from the source of Young Journalists Club
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