Brent crude falls to lowest price in year-and-a-half
BI Desk || BusinessInsider
Published: 00:56, 7 September 2024
Photo: Collected
The price of the main international oil contract fell Friday to its lowest level since March 2023 as concerns about sluggish global growth outweighed a decision by major OPEC+ exporters to continue voluntary production cuts.
Around 1610 GMT the price of a barrel of Brent crude had fallen 2.2 percent to $71.07, reports BSS/AFP.
The price of the main US contract, WTI, was down 2.3 percent to $67.59 per barrel.
