The price of Brent oil fell below $73 per barrel for the first time since December 13, 2023.
Oku.AzAccording to ICE, this is evident from stock market data.
At 11:35 Baku time, November crude futures fell by more than 1.27 percent to $72.81 per barrel.
In addition, the price of WTI futures for October delivery fell 1.39 percent to $69.36 per barrel.
Let us recall that yesterday the price of Brent oil was $75. has gone down.
Experts explain the main reason for the fall in commodity prices as the continued weakening of Chinese demand for energy, expectations of a recession in the United States, as well as plans by OPEC+ to lift some restrictions on oil production.
