Decrease in the price of oil in the world market
According to Webangah News quoted by Mehr News Agency, according to Reuters news agency, the price of oil in today’s transactions of the world market is due to the hope of reaching a ceasefire agreement in Gaza, as well as weak statistical data about the economy of China as the largest importer. The world’s crude oil witnessed a downward trend.
Accordingly, the price of black gold witnessed a one percent drop in today’s energy market transactions.
North Sea Brent oil decreased by 46 cents to $77 and 26 cents per barrel. It was traded. The price of Texas WestIntermediate oil also decreased by 33 cents to 74 dollars and 4 cents. reached in each barrel.
The trip of Anthony Blinken, the US Secretary of State to the Middle East in order to convince the Zionist authorities to accept The cease-fire in Gaza and the exchange of prisoners have reduced concerns about the spread of the conflict to other areas.
On the other hand, statistical data about China’s economy show that the country’s refineries have reduced their production due to reduced demand, which has affected the price of oil. .
