It is reported that the price of crude oil has come down with the increase in the supply of crude oil in the world market and the decrease in Chinese demand.
Accordingly, the price of a barrel of Brent crude oil was recorded as $84.38, and the price of a barrel of West Texas Intermediate was $80.65.
Also, the OPEC countries have controlled the supply of crude oil, but since Iraq has prepared all arrangements to resume the export of crude oil, it is expected that the supply of crude oil will be restored.