The prices of oil in the international market closed in decline again this Friday, reaching $73.25 per barrel, a decrease of 0.70 percent, falling 0.95 percent, despite having fluctuated near stability for part of the day.
International experts point to the cause as the attacks by Houthi rebels in the Red Sea against cargo ships, the reaction of the United States, tensions with Iran, and the war between Israel and Hamas were not enough to support the commodity.
According to the consultancy, even the existence of reasons for caution in the Middle East was not enough to support the contracts, without the prospect of a major boost on the demand side. They state that weak demand, strong supply growth in other latitudes, and the view that a broader conflict is unlikely curb investors’ appetite.”
