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Global oil prices fall due to the decline in China's imports

Global Oil Prices
Global Oil Prices
Oil prices fell on Wednesday, July 14, due to new concerns about demand, after data showed a decline in China's imports of crude in the first half of the year, but it is still near the highest level in a week, amid concerns about supplies as the global economy recovers from the Corona pandemic.

Brent crude oil prices fell by 8 cents, equivalent to 0.1%, to $76.41 a barrel, and in the same context, the price of West Texas Intermediate crude oil fell 15 cents, equivalent to 0.2%, to $75.10 a barrel.

We find that Chinese crude imports declined by 3% from January to June compared to the same period last year, the first contraction since 2013.
باحث اقتصادي هدفي إنشاء موسوعة عن الدول العربية توضح جوانب القوة في كل دولة، واتمني أن يأتي اليوم الذي يتحد فيه العرب لتعم الفائدة علي كل الشعوب.


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