Once again, a decrease in crude oil prices is observed in the global market.
Brent futures in the global market dropped by 0.6%, or 49 cents, to $78.39 per barrel, while WTI Intermediate Crude futures fell by 0.6%, or 42 cents, to $73.65 per barrel.
A 2% reduction in crude oil prices worldwide occurred last week, raising concerns about OPEC Plus expressing worries about the sluggishness in global production activities.