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At 17:00 in the afternoon, the price of a barrel of oil from the North Sea was 77.2 dollars. At 22.20 the price was $ 73.9. During the day, the price fell 4.85%.
At 20.22, the price was 73.22 dollars
Also, the price of American light oil fell a lot, down 3.52% during the day of Wednesday. In the 17th century, a light oil dish was traded for $ 73 a barrel, up from $ 70.52 at 22.11.
According to Marketwatch, the case, the largest for nearly three years, is partly due to fears that the effects of the US-China trade war will lead to weaker global growth and a decline in oil demand, writes Hegnar.no
. stronger dollars, increased production in Saudi Arabia, Libya's exports are on the way back and speculation about the blockade exceptions to oil exports from Iran. According to the newspaper, it is also speculated that US President Donald Trump will try to get Russia to increase oil production when he meets Russian President Vladimir Putin in Helsinki in a week.
On Wednesday afternoon, it became known that US crude oil inventories fell from 12.6 million barrels to 405.2 million barrels last week. Stocks were expected to fall by 4.5 million barrels in advance, but the decline in oil prices started ahead of those numbers, according to DN.
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