WTI crude oil futures falls below $75 per barrel ...Middle East

The price of WTI crude futures has now breached the $75 level. The low price just reached $74.96. That is the lowest level since July 20. The closing level at the end of the year was at $80.42. The high price reached $94.99 (on September 28). The low price was at $63.61 (on May 4)Since September 28, the price has fallen 21.09%, despite increased tension in the middle east from the Israeli/Hamas conflict. At the same time, concerns about slower economic growth has weighed on the demand side of the equation.Late yesterday, the private (API) inventory data showed a much larger than expected inventory build of 11.9 million barrels.The API is survey of oil storage facilities and companiesThe offi

Read More Details
Finally We wish PressBee provided you with enough information of ( WTI crude oil futures falls below $75 per barrel )

Also on site :

• Couple Bring Cat To Vet, Realize Something Heartbreaking Once They Arrive
• Ukrainian teachers told to pretend they can’t speak Russian
• Kylie Jenner’s Stunning European Vacation Snapshots Are Giving Us Major Life Goals Envy