LONDON: Crude oil prices have fallen sharply by more than 6% in global trade.
According to a foreign news agency, crude oil prices saw a downward trend during trading in the global market yesterday.
Experts say the fall in prices was prompted by rising interest rates in the United States and other Western countries, as investors are worried about the move.
In the United States, crude oil fell below 110 110 a barrel. US crude fell more than 9 9 to ڈالر 108.05 a barrel. In the UK, Brent North crude fell nearly ڈالر 8 to 2 112 a barrel.
It should be noted that oil prices are falling due to the risk of limiting economic activities due to rising interest rates around the world. The global economy is in the throes of a recession.