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Economy

Petroleum prices register reduction

News Desk
2023-12-05

    Petroleum prices register reduction

    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 $78.39per 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, raisingconcerns about OPEC Plus expressing worries about the sluggishness inglobal production activities.

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