Oil prices down as supply fears ease

Oil prices down as supply fears ease

Business 15 November 2024 23:31

Oil prices fell as the International Energy Agency (IEA) reported a rise in global oil production, alleviating market concerns over supply constraints, CE Report quotes Anadolu Agency

The international oil benchmark of Brent crude fell 1.2% to $71.33 per barrel at 10.25 a.m. local time (0725 GMT), down from the previous session's close of $72.22.

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