26 cents drop in the price of oil in the world market
reported by Mehr Reporter quoted by Bloomberg, in the trading of the last hours of the global energy market, the price of North Sea oil decreased by 26 cents to 85 dollars per barrel.
The price of American oil fell back by 20 cents and is now trading at $81.54 per barrel.
According to the information base of the Organization of Petroleum Exporting Countries, OPEC, in the last transactions held on June 27, each barrel of oil produced by this organization was sold at an average price of 86 dollars and 5 cents. It has arrived.
Most likely, the reason for today’s drop in oil prices is the recent OPEC report, which has again reduced its forecast for oil demand in the world market.
Nevertheless, for the third consecutive week, oil closed its transactions with price growth. Of course, the good price growth at the beginning of the week was somewhat neutralized by the investors’ actions in recognizing profits in the final days of the week. On the other hand, the decrease in fuel demand in the United States was also the reason for the decrease in oil prices in the world market.
