Home » Business » The price of oil collapsed – 2024-09-28 23:57:30

The price of oil collapsed – 2024-09-28 23:57:30

by Chief editor of world-today-news.com

/ world today news/ The price of West Texas Intermediate (WTI) light crude oil continues to fall.

Crude futures for December delivery fell 2.24 percent to $83.85 a barrel, hitting their lowest level since September 2011.

The main reasons for this are reduced demand amid an oversupply in the market and forecasts of a slowdown in economic growth worldwide.

#price #oil #collapsed

You may also like

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.