Iraq has reduced the price of oil after Saudi Arabia
real market price war. following
for Saudi Arabia’s export prices
Iraq oil decreased. Such actions of the country
We began after the fall of futures for Brent
to four-year low.
At the same time oil WTI
It continues to become cheaper.
In terms of
oil, Iraq has the second
place, the country has reduced the prices for November
Basrah Light grade shipments to Asia and Europe.
This was reported today by the state-owned company
State Oil Marketing Co. Last week, oil
Brent futures were down 3.6%, and the brand
WTI during today’s session, fell by
Futures on the benchmark
crude oil falling on the background of falling
demand and increasing reserves and production in the
United States, Russia and other countries. In response to
is the largest OPEC producers
lower prices, showing their willingness to
to fight for market share.
Brent crude for delivery
November is now trading at
$ 89.18 per barrel, WTI – at $ 84.50 per
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