Now oil has been experiencing the worst fall since 2020. This happens against the background of the rate of the federal reserve system (Fed) in the United States, writes Bloomberg.
Prices fall for the third month in a row. Experts call this “anti -record” in recent years. Experts fear a slowdown in the world’s growth in the world due to the policy of the Fed and the struggle of China with Covid-19.
The cost of Brent oil futures dropped to $ 98.7 per barrel at the auction on August 30. The day fall was 6.01%.
Traiders observe the situation in Libya and Iraq, as well as a nuclear transaction between the United States and Iran. The latter can lead to an increase in export of raw oil.