Oil prices fell… Brent crude oil recorded $71.78 per barrel

published Ministry of Petroleum and Mineral Resources International oil prices today, Tuesday, 10-1-2024.

The Ministry of Petroleum’s daily report on global oil prices indicated that: International oil prices Today, Tuesday, it witnessed a decline supported by increased supply and weak growth in global demand, which outweighed fears of the impact of escalating tensions in the Middle East on production from the region, as some analysts ruled out the risks of a broader regional conflict.

The report stated that Brent crude oil prices, the international standard, recorded $71.78 per barrel.

US West Texas Intermediate crude also recorded $68.25 per barrel.

OPEC crude recorded $74.90 per barrel.