The price of a barrel of Brent and Texas oil today, July 4: How much does it cost and how much does it cost?

The volatility In the Oil prices continue.

For this Monday 4th July Independence Day Quotes The barrel of Brent and West Texas Intermediate (WTI) crude oil saw a slight increase.

Crude oil price recovery As a result of fears of supply shortages, unrest in Libya, and sanctions against Russia. These procedures are inconsistent Fear of a global recession affects demand.

“Risk tends to the downside as traders are concerned Slowing demand for oil Because of the strong possibility that Economic recession is happening in the United States and other parts of the world“, Naeem Aslam said AvaTradeaccording to information collected by Infobae.

according to Reutersexperts confirm that Risk will continue to the downside as traders fear slowing demand Because of the possibility of global economic recession.

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The price of a barrel of Brent and Texas oil today, July 4: How much does it cost and how much does it cost?

According to the latest update of Oil price chartsa popular site with more than 150 indices and global blends of crude oil, The price of a barrel of Brent crude oil reached 112.94 US dollars, while West Texas Intermediate is trading at 109.65 dollars per barrel.

Oil prices rose slightly Weekend Friday 1 July costs The price of a barrel of Brine crude was $111.63, while West Texas Intermediate crude closed at $108.43 a barrel.

it is expected that Increased supply disruptions collide with potential shortages of spare production capacity for Middle Eastern producers, driving up prices. once again.

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