Brent oil falls beneath $70 per barrel, lowest degree since December 2021 as OPEC cuts forecast
HOUSTON World oil benchmark Brent crude futures sank beneath $70 a barrel on Tuesday for the primary time since December 2021, after OPEC+ revised down its demand forecast for this yr and 2025. Brent crude futures had been down $2.61, or 3.63%, at $69.23 a barrel at 12:16 p.m. EDT (1616 GMT). U.S. West Texas … Read more