Top

World oil prices fall

World oil prices fall
World oil prices fall

Ahead of the upcoming OPEC + meeting on October 1, world oil prices are falling.

Brent oil futures for December delivery fell by 0.29% to $ 78.08 a barrel.

Meanwhile, WTI November futures rose by 0.32% to $ 74.79 a barrel.

At the OPEC + meeting, which will be held next Monday, the producers will discuss whether to increase oil production by more than 400 thousand barrels per day.

At the OPEC + meeting on September 1, the parties increased their daily production forecast for 3.28 million barrels in 2022 to 4.2 million barrels.

Global demand for oil will peak by 2030 - sooner than expected, and then demand will fall sharply. This is due to the fact that more and more countries are committing to switch to clean energy sources.

If you find out orphographic mistake in the text, please select mistaken part of the text and press Ctrl + Enter.

Last added

Latest news



orphus_system