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Oil price decreased/Brent 78 dollars and 88 cents

Today, each barrel of North Sea Brent oil is sold at the price of 78 dollars and 88 cents in the world market, and the price of American oil is 75 dollars and 31 cents.

According to mehr reporter today Each barrel of Brent North Sea oil is sold in the world market at the price of 78 dollars and 88 cents, and the price of American oil is also 75 dollars and 31 cents.

After easing concerns about the start of an all-out war in the Middle East, oil prices fell 2 percent on Tuesday (August 9).

Reuters reported that Bob Yauger, director of energy futures at Mizuho in New York, said: Economic problems in China also have a negative impact on the oil market.

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Data released this month showed that China’s total fuel oil imports fell 11 percent in the first half of this year, raising concerns about the prospect of higher demand in the world’s largest crude oil importer.

At the same time, following the release of the news about the re-sale of US and Nigerian crude oil shipments by the large oil refinery Dangut of Nigeria after causing technical problems in this refinery, the price of oil It decreased at the end of last week.

 

© Webangah News Hub has translated this news from the source of Mehr News Agency
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