InternationalInternational Economics

One-dollar growth in global markets / US oil reserves fell more than expected


According to Fars News Agency’s International Economics Group, today in world markets, the price of crude oil increased by nearly one dollar due to the increase in demand and the decrease in oil reserves. Brent crude traded up 79 cents at $ 74.67 a barrel today.

Oil prices WestTexas US was up 80 cents at $ 71.67 a barrel.

For other petroleum products, gasoline rose $ 2 and sold $ 214.82 a gallon.

Furnace oil and diesel also rose $ 1.8 and $ 11.5, respectively.

US oil reserves fell more than expected, Reuters reported. On the other hand, the demand for black gold also increased.

US oil reserves fell 4.6 million barrels on Wednesday, higher than previously forecast, according to US energy data.

US energy data also show that after a sharp drop in demand in 2021, oil demand has now grown significantly and refineries have demanded more oil, and studies show that growth of approximately 23.2 million barrels per day has been recorded in recent weeks.

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