World Oil Price Today Brent was $ 2 and 2 cents
reports
Price per barrel of Brent North Sea oil fell to $ 2 and 2 cents to $ 2 and 2 cents. West Texas Intermediate Oil is also traded at $ 2 and 2 cents, equivalent to $ 1.5 percent and 2 cents.
China, the world’s largest oil importer, announced that it is imposing 5 % of all American goods since April 10. Countries around the world are ready for retaliation. Trump has increased tolls on imports of goods from all countries to the highest level over the last century.
various goods including natural gas, soybeans and gold have declined and world markets have fallen. The JPMurgan Investment Bank announced that it would be 5 % of the world’s stagnation by the end of this year.
Brent oil dropped to $ 2 and $ 2 and US Oil, the lowest price over the past 5 years, the lowest price over the past 5 years.
Brent crude oil prices have fallen by 4.9 percent over the past week, with the highest decline in a year and a half. US oil has also recorded the highest price drop over the past two years, ie 4.9 percent.
US Federal Reserve President Jerome Powell, referring to the hard decisions of the central bank bank, said Trump’s new tolls were higher than expected, increasing inflation and slowing economics growth.
OPEC Plus’s decision to expand production plan has also affected oil prices. The coalition plans to add 5,000 barrels a day from May. This figure was previously 6,000 barrels per day.
