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Oil is moderately declining at the end of the week

September, 20 2024

World oil prices were moderately declining on Friday morning amid continuing negative market sentiment caused by a number of fundamental factors.The current price of Brent oil is $74.40 per barrel. North American WTI crude is trading near $70.67. Analysts continue to analyze the results of the recent meeting of the US Federal Reserve System, at which the regulator lowered the discount rate by 0.5 percentage points for the first time since 2020, to 4.75-5% per annum. Experts are trying to un... Read More

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