BREAKING NEWS - Oil Price Slipped

The price of a WTI barrel had risen more than 50% so far this year, but slipped on Monday as OPEC+ agreed to ramp up production by 400,000 bpd while fears that a surge in the Delta variant of the coronavirus threatens oil demand prospects.

Oil prices had rebounded 1.4% on Tuesday afternoon in the runup to the data release, after sinking nearly 7% on Monday.

 

Link for information

 

https://oilprice.com/Latest-Energy-News/World-News/Surprise-Crude-Inventory-Build-Sends-Oil-Prices-Down.html?fbclid=IwAR1NlPsbtWB4VxED6ib633F5RVGauPBqlCB9j9xjqCVcVcgVqfFUi675UD4

.

.

By DAVOR Marketing Team

📞: +6011-26139527 (Office), +6012-2919166 (Sales)

✉️: sales@davor.com.my

💻: https://www.davor.com.my/

#oilprice #oilandgas #oilpriceupdated #priceoil #oilpricesdown #covid19 #pkpselangor #informationoil