National News Agency – Low oil prices

2023-05-18 08:25:49

NNA – Oil prices fell, in today’s trading, following a noticeable rise in the price of black gold in yesterday’s trading, according to “Russia Today”.

By 10:25 Moscow time, US crude futures fell by 0.45% to $72.50 a barrel, while Brent crude futures fell by 0.39% to $76.66 a barrel.

Yesterday, oil prices rose significantly, with Brent crude contracts increasing by 2.7% and US crude by 2.8%.

Yesterday, US Energy Information Administration data revealed that oil inventories in the United States increased by 5 million barrels last week, while gasoline stocks decreased by 1.4 million barrels.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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