The price of oil collapsed – 2024-09-28 23:57:30
Home » Business » The price of oil collapsed – 2024-09-28 23:57:30

The price of oil collapsed – 2024-09-28 23:57:30

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/ world today news/ The price of West Texas Intermediate (WTI) light crude oil continues to fall.

Crude futures for December delivery fell 2.24 percent to $83.85 a barrel, hitting their lowest level since September 2011.

The main reasons for this are reduced demand amid an oversupply in the market and forecasts of a slowdown in economic growth worldwide.

#price #oil #collapsed

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