Oil price falls to lowest level since 2021

Luc Joris

September 9, 2024

Oil has again become significantly cheaper as demand for oil slows, partly due to fears of a recession/Armco

The oil price has dropped significantly again. A barrel of US WTI oil now costs 67.67 dollars, after the peak in April of around 87 dollars per barrel. A barrel of Brent North Sea oil now costs about 71 dollars a barrel, down from more than 90 dollars in April. The price drop, the lowest since De
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