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Oil prices fell again on September 7, 2022, at 09:27. Tankla photo: Margus Ansu. The Brent crude barrel price decreased by 1.4 percent today, reaching $91.6.

This decline erased gains resulting from the beginning of the week’s announcement of OPEC+’s intention to reduce production. Demand pressure remains subdued due to fears of an economic recession and ongoing Chinese coronavirus restrictions. Compared to the start of the year, the Brent crude barrel price has increased by 18 percent.

However, over the last three months, the oil price has fallen by 23 percent. The euro has lost 13 percent against the dollar this year.

Topics: #price #oil #again

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