Oil proceeds with the decline
Aug 4 2022
The image in the oil market is looking pretty rough.
After a major downturn yesterday, the present bob has fizzled and WTI has tumbled to a meeting low of $89.84. It’s the initial time uover$90 since Russia attacked Ukraine.
It comes in the outcome of the previous OPEC+ choice to add 1BPD bpd. Be that as it may, the driver is information showing falling US fuel interest.