More than 6% of world oil prices lost because of global global economic concerns



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This gave him the sweetest oil oil of the US (WTI) to its lowest level in more than a year, after having a strong sale on Wall Street on the same day, due to concerns about the objectives general economic growth. bridge.

At New York's Mercantile Trade, WTI revenue revenue income fell from $ 3.77, or 6.6 per cent, to $ 53.43 barrel. Mid-session, this item lost 7.7%, to $ 52.77 / barrel, the lowest level since October 2017.

There were more than 946,000 WTI and commercial oil trips in the 20/11 session to & # 39; exceed the average of 10 months and b. It has the largest trading number since June. 2018.

At the same time, in London, North America oil income fell at $ 4.26, or 6.4 per cent, to $ 62.53 in a barrel. At one time in the session, oil prices dropped to $ 61.71 barrel – the lowest rate since December 2014, down 7.6%.

Oil prices have been steadily declining since the beginning of October, as WTI's oil prices were four years high. Since then, its price has dropped by more than 30% among the 8-9% stock market loss due to the poor view of the world's economy "to" wave the demand for oil.

In addition, there are concerns about the results of corporate earnings reports, also the deer's ability to adversely affect levels of interest and trade struggle between the economies of the market.

Reservoirs are looking at other risks to the oil market as a supply shed, as the result of the US shadow oil rises.

Analysts expect to increase 2.00 million barrels last week (to the end of November 16), so this may be the continuing 9th week of the poor stock of the US. to increase.

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