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– Crude oil prices have fallen. Investors are still worried about the uncertainty of the trade war between the United States and China, an issue that should be discussed at the meeting of key economic leaders of the G20 countries during the day. November 30 – December 1, the leaders of the United States. And China will discuss the issue outside the round on Saturday. According to the disclosure of the US government economic adviser, crude oil prices are also under pressure. Strong Crude Oil Supply Saudi Arabia crude oil output rose 0.2 million barrels a day in November. 61 to reach 11.3 million barrels a day. While crude oil production in the United States It has reached the highest level of 11.7 million barrels per day. Crude oil inventories in the United States are expected to increase for the 10th week in a row after the US Petroleum Institute (API) rises from 3.5 million barrels to 442.7 million barrels last week. Official figures from the US Energy Information Administration (EIA) will be announced today. + Many observers are still watching the OPEC meeting on December 6 in Vienna. […]
The price of crude oil declined due to the uncertainty of the trade war between the United States and China before the G20 meeting that was held first for nations.
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