The world oil price of the second month of September; Brent oil is $77 and 28 cents
reported by %20%0A
The price of a barrel of Brent North Sea oil today increased by 6 cents equal to 0.08% to 77 dollars and 28 cents arrived. Oil West Texas Intermediate of the United States increased by 6 cents, equivalent to 0.08%, to 73 Dollars and 7 cents are traded.
The latest economic information from China, the world’s largest oil importer, also indicates the challenges that have arisen in this country’s economy and the slowing growth of demand for oil in its refineries. The resumption of negotiations for a cease-fire in Gaza between the Zionist regime and Hamas has also helped reduce concerns about oil supply and lowered oil prices.
Some analysts believe that due to the decrease in world oil reserves over the past two months, there are signs of an increase in oil prices in the coming weeks.
The market is waiting for OPEC’s next move. In its last meeting this year, this group announced that it plans to increase oil production in the last quarter of the year.