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The free fall of oil/gold prices became cheap

The price of black gold witnessed a downward trend in today's transactions of the energy market.

According to Webangah News quoted by Mehr News Agency, according to the Reuters news agency, the price of crude oil witnessed a free fall in today’s transactions on the world market.

Accordingly, the price of black gold in today’s trading of the energy market due to the removal of concerns from the impact The storm in the Gulf of Mexico on oil supply and the failure of economic stimulus plans in China to increase Beijing’s demand witnessed a nearly 3% drop in prices.

North Sea oil Brent decreased by one dollar and 98 cents, to $70 and 38 cents It was traded per barrel. The price of West Texas Intermediate oil also decreased by one dollar and 76 cents, reaching 73 dollars and 87 cents per barrel.

In the precious metals market, the price of gold decreased by half a percent and reached 2,675 dollars per ounce. Silver was also traded with a slight decrease, 31 dollars and 33 cents per ounce.

 

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