Crude oil prices increased due to production cuts by the Russian Federation. Oil prices rose by $2 a barrel on December 23 after Moscow said it might cut crude output in response to G7 price caps on Russian exports. This was the reason for the increase in prices for the second... #OilProduction #RussianOilPriceLimit #WorldOilPrices
World oil prices have fallen by 6%, to a 4-week low. According to Reuters, world oil prices have fallen by about six percent – to a four-week low – due to the strengthening dollar and fears of a recession. The strengthening of the dollar an... #BrentOil #OilPrices #WorldOilPrices #WTIprice
