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World oil prices fall

World oil prices fall
World oil prices fall

World oil prices fell as a correction during the last trading day.

Brent oil futures for December delivery fell by 0.17% to $ 85.67 a barrel.

Meanwhile, WTI December futures fell by 0.01% to $ 83.41 a barrel.

According to the American Petroleum Institute, oil reserves in the US increased by 3.3 million barrels last week.

Oil market prices continue to rise. Brent crude hit a record high on Monday, amounting to $ 86 a barrel, the first time since October 4, 2018.

The increase in prices is because supply fails to meet market demand.

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