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Oil starts a week down by 3%



Thank you for reading the oil news. The week starts to fall by 3%, and now we start with the most important and latest details

Oil prices fell on Monday, as few details from the first phase of the US-China trade agreement weakened optimism last week over the thaw between the two countries, contributing to oil market growth. 2%
Crude oil futures in December fell 2.9% to USD 58.74 per barrel US West Texas Intermediate (WTI) commodity futures contracts with November delivery fell 3 percent to USD 53.04 per barrel, rising by more than 3 percent Last week's first weekly profit in three weeks.
Saudi energy minister Prince Abdulaziz bin Salman said on Monday that the kingdom's oil production would recover to 9.86 million barrels a day in October and November.
He said it was important to focus on the stability of the oil market, not on oil prices, and that a fair price is a stable price.
Minister Prince Abdulaziz bin Salman said that oil exporters involved in the global production agreement between OPEC and its allies are showing strong commitment to cutting. (Agencies)

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It is worth mentioning that the original news has been published and is available in the Persian Gulf and has been confirmed by the editorial team at Gulf 365 and may have been changed and could be fully transferred or quotes from them, and you can read and follow the development of this news from the main source .


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