The world price of oil on 28 Azar; Brent was 73 dollars and 20 cents
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The price of a barrel of Brent North Sea oil today increased by 1 cent equal to 0.01% to 73 dollars and 20 The tradition arrived. Texas Intermediate oil West increased to $70 with 5 cents equivalent to 0.7% and 13 cents are traded.
The US Federal Reserve is expected to lower interest rates for the third time in a row since the beginning of monetary policy easing.
But according to analysts, this bank’s approach to the interest rate next year is more important for the oil market.
Low interest rates reduce borrowing costs and boost economic growth and increase demand for oil.
On Tuesday, the European Union approved the 15th package of sanctions against Russia for attacking Ukraine and sanctioned 13 oil tankers of this country, which were used to transport crude oil and oil products. gave Britain also embargoed 20 ships carrying Russian oil. These new sanctions intensify the instability of oil prices, because they have not yet been able to exclude Russia from the world’s oil trade.
The American Petroleum Institute announced on Tuesday that the country’s crude oil reserves fell by 4.69 million barrels in the week ending December 13. Gasoline reserves increased by 2.45 million barrels and gas condensate reserves increased by 744 thousand barrels.
Analysts estimate that US energy companies pulled 1.6 million barrels of crude oil from reserves in the week ending December 13.
