The global price of oil today, 21 September; Brent oil was 69 dollars and 71 cents
[box type=”shadow” align=”” class=”” width=””]A barrel of North Sea Brent oil rose by 52 cents, equivalent to 0.75%, to 69 dollars and 71 cents.[/box]
reported by Mehr News Agency, the price of oil has increased in trading on Wednesday. Concerns about disruptions to US oil supply following Tropical Storm Francine seem to have overtaken concerns about weak demand.
Barrel of oil Brent North Sea today increased by 52 cents equal to 0.75% to 69 dollars and 71 The tradition arrived. Texas Intermediate oil West Texas Intermediate also increased by 56 cents, equivalent to 0.85%, to 66 Dollars and 31 cents are traded.
Both of these oil benchmarks were down about $3 on Tuesday, with Brent oil falling to its lowest level since December. 2021 and US oil reached the lowest figure since May 2023.
This decrease in price was the result of the decrease in the forecast of demand for oil this year and in 2025 by OPEC+.
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