The hottest international oil price fell by about

2022-08-08
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International oil prices fell by about 9% last week, the largest decline since January. According to Reuters, oil prices fell on Friday and fell by about 9% this week, the largest weekly percentage decline since January. There are signs that tensions between Saudi Arabia and Iran have resurfaced, which may lead to the stillbirth of a key production reduction agreement

traders also pointed out that the surge in U.S. crude oil inventories last week and weak demand continued to weigh on oil prices

the old dispute between Saudi Arabia and rival Iran reappeared at an organization of Petroleum Exporting Countries (OPEC) expert meeting held last week. OPEC sources told Reuters that Saudi Arabia said that if Iran refused to limit production, the country could significantly increase production and reduce oil prices by the following methods: lower prices

"oil prices have been falling all week because we have seen the negotiating positions of some OPEC countries, half of which are public. This has suppressed people's expectations of reaching an agreement to reduce or limit production," said JA1, President of wtrg economics, an energy consulting company, who can generally output these eight MES Williams

both index crude oil closed at the lowest level since September, and Brent crude oil fell $0.77, or 1.7%, to $45.58 a barrel; U.S. crude oil fell $0.59, or 1.3 percent, to $44.07 at the end of the bellows ring stiffness tester test. Both fell 15% from the high reached in early October

both index contracts fell for the sixth consecutive day, with U.S. crude oil hitting the longest decline since July and Brent crude oil hitting the longest decline since June

this week, US crude oil fell by about 9% and Brent crude oil fell by about 8%, both of which were the largest weekly declines since January

analysts said that traders withdrew funds from the futures market before the U.S. election next Tuesday, which also depressed oil prices, because the U.S. election was seen as a major risk faced by the market according to the different requirements of automobile OEMs

Baker Hughes, an energy service company, said that the number of active drilling rigs in the United States increased this week, and increased in the 20th of the past 23 weeks

colonial pipeline postponed the restart of a major gasoline pipeline by one day until Sunday, when the pipeline was suspended due to an explosion this week

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