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Prıce of oil falls amid rising US reserves

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Prıce of oil falls amid rising US reserves

The oil price fell slightly after the release of information about a significant increase in the oil reserves of the United States.

Axar.az reports that Brent oil January futures fell by 0.46% to $94.92 per barrel. The December WTI oil futures price fell by 0.61% to $88.37 per barrel.

In addition to the increase in oil reserves in the United States, restrictions related to COVID-19 in China are negatively affecting this energy resource's price.
Date
2022.11.09 / 11:32
Author
Axar.az
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