Oil drops due to concerns over demand and 20 warnings



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The gross World Brent was 9 cents or 0.1% to 72.98 dollars a barrel at 06:47 GMT

Futures on the US crude WTI fell 13 cents or 0.2% to 68.13 dollars the barrel.

And the governors of the world's 20 largest economies gathered in Buenos Aires on Sunday, calling for more dialogue to prevent growth from being affected by trade and geopolitical tensions.

Economic Growth is closely linked to the growth in oil demand,

Last week, US energy companies reduced the number of oil drilling rigs since March, as growth slowed during the past month. months because of falling prices.

Baker Hughes Energy Services said Friday in a closely watched report that drilling companies were cutting the number of rigs from 5 rigs a week until July 20, bringing the total to 858 diggers.

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The world's reference ore fell 9 cents or 0.1 Brent

The futures on the US crude WTI fell 13 cents or 0.2% to 68.13 dollars on barrel.

Finance Ministers and Central Bankers of the 20 largest economies

Economic growth is closely linked to growth in oil demand, growth in economies supporting fuel consumption for trade, travel and automobiles.

The global economy is closely linked to the growth of oil demand. US energy companies, last week, have cut crude oil p The crude oil platforms have reached their highest level since March, as growth slowed in the last month after recent oil price declines.

Baker Hughes Energy Services reported Friday in its much-watched report, The drilling companies have reduced the number of rigs of 5 platforms in a week until July 20, bringing the total to 858 excavators.

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