World Oil Prices Today Brent increased
reports
Price per barrel of oil Brent North Sea today rose by 2 cents to $ 6.5 percent to $ 2 and 2 cents. Oil West Texas Intemic US is also traded at 2 cents, equivalent to $ 1.5 % and 2 cents.
The dollar index has fallen by 4.9 percent and has reached the lowest level since the beginning of this year. So buying oil for other currencies in the world is cheaper.
But the US stock market, which also affects the oil market, has dropped again in Tuesday’s trading and has led to the highest sales in the past few months. Investors have been affected by increased duties on imports and increased sensitivity of consumers.
Trump said earlier this week they probably were in a “transition period” but did not mention its impact on the recession of the US economy.
The US Energy Intelligence Bureau announced on Tuesday that its crude oil production has reached 1.2 million barrels a day and set a new record. Investors are waiting for US inflation information to be released today and set the Federal Reserve interest rate.
, they also closely monitor OPEC Plus designs. The coalition announced its production increase in April.
According to the US Petroleum Institute, its crude oil reserves have increased by 4.3 million barrels a week ending March 7th.
