The price of WTI oil is falling more than 1%, near $72, avoiding oil stocks falling more than expected.

WTI oil prices fell more than 1%, near the $72 level, without support from the release.oil stockUS crude fell more than expected last week.

At 11:27 pm Thai time, the price of West Texas crude oil (WTI) for delivery in September. minus $0.99 or 1.35% to $72.18/barrel.

The US Energy Information Administration (EIA) reported that US crude oil stocks fell by 4.6 million barrels last week. while analysts were expecting a decrease of only 2.0 million barrels.

Investors are still monitoring the situation in the Middle East.

Iran’s Tasnim news agency reported that Iran will attack Israel in response to the assassination of Hamas political leader Ismail Haniyeh. In a way and at a time that Israel did not expect.

An official from the Office of the Permanent Representative of Iran to the United Nations said that the Iranian attack was aimed at punishing Israel for violating Iran’s sovereignty. And it is a show of strength by Iran to make Israel repent of what it has done. and prevent any future Israeli action.

Iran will also retaliate in an attempt to block ceasefire talks in the Gaza Strip.

“Iran’s actions will happen at a time and in a way that Israel did not expect. As they were looking at the sky and the radar screen But they might surprise them with an attack on the ground. or both activities,” the statement said.

By Kongkiat Kawirakiti