Oil prices fall on Trump's statements

Economy
  • 23-01-2025, 20:13
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    Baghdad - INA

    Global oil prices fell on Thursday evening to below $79 after US President Donald Trump confirmed that he would ask OPEC to lower the price of a barrel.

    Trump said in his speech at the Davos Forum via video conference, I will ask OPEC to lower the price of a barrel of oil, which will contribute to ending the war between Russia and Ukraine, according to his estimate.

    The price of Brent crude oil recorded $78.26 per barrel after closing at $79 yesterday.