Business

Crude Oil prices Falls to a 4-month Low

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Staff Reporter

Crude oil prices fell to a 4-month low in the global market

Crude oil prices in the global market have fallen to a 4-month low.

According to international media, the price of London Brent oil fell by 3 dollars 79 cents to 77 dollars 52 cents per barrel, while the US crude oil deals for December have been made by 3 dollars 71 cents to 72 dollars 95 cents per barrel.

Read More: Crude oil prices down by 5%

Experts say that the increase in oil reserves in the United States has led to a decrease in the price of oil, an increase of 3.6 million barrels has been recorded in the American crude oil reserves.

Staff Reporter

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