2023-12-06 09:19:55
Oil prices fell today in global markets, reaching their lowest level in months today, Wednesday, December 6, 2023.
This decline came as a result of demand concerns, the strength of the dollar, and also the lack of impact of the production cuts announced by the OPEC+ alliance last week.
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Some analysts in Britain, Europe, the Middle East and Africa believe that the OPEC Plus agreement has not supported prices yet.
It is worth noting that futures prices fell, as the price of Brent crude reached $77.20 per barrel, i.e. a decrease of 83 cents, or regarding 1.1%. The price of US West Texas Intermediate crude also fell by regarding 72 cents, reaching $72.32 per barrel.
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