The global price of oil today, December 7; Brent was 73 dollars and 25 cents

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The price of a barrel of Brent North Sea oil decreased by 1 cent equivalent to 0.01% to 73 dollars and 25 dollars today. The tradition arrived. Texas Intermediate oil West also increased by 2 cents equal to 0.03% to $69 and 64 cents are traded.

The World Bank on Thursday raised its forecast for China’s economic growth in 2024 and 2025, but warned that weak confidence among families and businesses, along with problems in the housing sector, will continue to weigh on the country’s economy this year. It affects the future.

China on Thursday increased the size of its economy by 2.7 percent, but said the change would have little impact on economic growth this year. The country’s policymakers have promised more stimulus to boost economic development in 2025.

Chinese authorities have agreed to issue 3 trillion yuan ($411 billion) in special bonds next year.

The latest weekly report of the American Petroleum Institute shows that the country’s crude oil reserves decreased by 3.2 million barrels last week.