the oil Wake up with losses.
This morning, Wednesday, June 22, Brent and West Texas Intermediate (WTI, for its English acronym) crude oil prices fell compared to the previous day, But they keep Puts himself in three numbers.
The drop in the price of fuel is the result of Fears of a recession affected the commodity market in general. Another major factor in oil sinking is The news that the President of the United States, Joe Bidenwill launch a new plan to reduce fuel costs.
According to the information collected by tv news, The White House leader is expected to ask the country’s Congress today “Suspend the federal gas tax of 18.4 cents per gallon for three months and urge states to do the same with fuel taxes.”
You may also be interested in: What do I do if I miss filing IRS taxes and penalties
Brent and Texas oil prices today, June 22: How much does it cost and how much does it cost?
Because oil prices move with stocks, for Wednesday, June 22nd, The price of a barrel of Brent crude reached 111.49 US dollars, while the price of a barrel of West Texas Intermediate crude reached 106.18 US dollars. According to the latest update Oil price chartsInternationally recognized website with more than 150 indices and blends of oil.
Prices for yesterday, around the same time (12:40 ET) It reached $115.10 per barrel for Brent and $111.20 for West Tees.