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Oil Prices Drop Again, Because of Xi Jinping Here…

Jakarta, CNBC Indonesia World oil prices fell again in trading this morning. Whereas yesterday the price of the black gold had gone up.

On Wednesday (6/4/2022) at 07:05 WIB, the price of Brent oil was recorded at US$ 106.64/barrel. Down 0.83% compared to the previous day’s closing position.

Meanwhile, the light sweet type or West Texas Intermediate (WTI) costs US$ 101.96/barrel. Drop 1.28%.

Yesterday, oil prices closed in the green zone. Brent prices rose 3.01% to US$ 107.53/barrel.

However, the increase in oil prices cannot yet become a trend, because it does not last long. Today, the correction in oil prices occurred due to the development of the corona virus pandemic (Coronavirus Disease-2019/Covid-19) in China which is increasingly worrying.

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