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Economy 1 min read Source: УРА-Информ

Oil is cheaper on the growth of geopolitical tension

Oil is cheaper on the growth of geopolitical tension
photo УРА-Информ

This is stated in the press service of the agency Bloomberg.

Thus, as of 07:59 Kiev time, Brent oil was trading at $ 51.94 per barrel.

According to recent data, this is 0.10% below the closing level of previous trades.

In addition, the world price of oil is falling amid growing geopolitical tensions around North Korea.

In this regard, experts hope that commercial oil reserves in the US fell by 0.56%, or by 2.720 million barrels - to 479.18 million barrels.

Recall, as previously reported, "URA-Inform," the SBU and police in Mariupol confiscated about 45 tons of falsified petroleum products.

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