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International crude oil prices fell sharply, Brent crude oil fell by 9%

 Last Update: 2023-02-12
 Source: Internet
 Author: User

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According to Middle East media reports, due to concerns about global economic development, international crude oil prices fell sharply on the 5th, and the price of Brent crude oil fell by 9%.

Dubai-based Arab TV reported that the recent rising natural gas and fuel prices and the tightening of global financial conditions have intensified investors' concerns about the recession and reduced demand for crude oil, and the international crude oil market price fell
sharply on the 5th.
At 16:04 GMT on the 5th, the price of Brent crude oil fell by $10.
26, or 9.
04%, to $
103.
26 per barrel.

The website of the UAE "Declaration Newspaper" also published the news of a sharp drop in international crude oil prices on the evening of the
5th.

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