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The price of crude oil in the world market has decreased significantly.
There have been reports that the price of crude oil has decreased due to the decline in demand from China, one of the world’s largest energy consumers, the gloomy state of the global economy and the strengthening of the dollar.
Accordingly, yesterday (03) the price of one barrel of Brent crude oil decreased by 3.81 dollars or 4.4%, and the price of one barrel of that oil was recorded as 82.10 dollars.
Also, the price of WTI crude oil fell by 4.1% yesterday to settle at $76.93 a barrel.