Oil prices dropped about 4%

Economy
  • 15-03-2023, 18:34
    • +A -A

    Baghdad-INA
    Oil prices fell about 4%, this evening, Wednesday, after data that contradicted expectations on US inventories.

    The price of Brent crude reached $73.71 a barrel, after closing yesterday at $77.45.

    Hours ago, US crude oil inventories data came contrary to expectations, recording a huge increase by more than 1.5 million barrels, while expectations were hovering around an increase of 1.188 million barrels, while it recorded a decrease in the week before last by 1.694 million barrels.


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