Post Tagged with: "oil market"

Crude Price Nearing 12-Year Low; $29 A Barrel On Friday

April 27, 2023 10:41 pm17 comments
Crude Price Nearing 12-Year Low; $29 A Barrel On Friday

Oil prices have taken further southward graph to below $30 a barrel amid oversupply concerns due to increased Iranian crude exports into an already flooded market. Iran is a member of Organization of the Petroleum Exporting Countries (OPEC) and international sanctions against it are now lifted. As an aftermath the […]

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