https://sputnikglobe.com/20220804/wti-crude-drops-below-90-per-barrel-first-time-since-february-21-1098117637.html

WTI Crude Drops Below $90 Per Barrel First Time Since February 21

WTI Crude Drops Below $90 Per Barrel First Time Since February 21

Sputnik International

MOSCOW (Sputnik) - Global oil prices are trading down about 1%, and US crude blend WTI fell below $90 per barrel for the first time since February 21, trading... 04.08.2022, Sputnik International

2022-08-04T13:41+0000

2022-08-04T13:41+0000

2023-02-25T10:11+0000

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wti

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As of 4:22 p.m. Moscow time (13 due to the sanctions slapped on Russia by the US, Britain and the EU following the start of the special military op in Ukraine. As a result, gas and coal prices reached all-time highs, exacerbating a major wave of inflation that was affecting many countries. The decline occurred after the OPEC+ alliance announced it would increase oil production by 100,000 barrels per day in September, slowly boosting the global output in order to address the high fuel prices.Fuel costs remain high globally due to the sanctions slapped on Russia by the US, Britain and the EU following the start of the special military op in Ukraine. As a result, gas and coal prices reached all-time highs, exacerbating a major wave of inflation that was affecting many countries. exacerbating a major wave of inflation that was affecting many countries. Paul Dobson, Сегодня в 16:38

2022

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