Crude oil market sees moderate decrease after a recent surge
Oil prices fell by 0.13%-0.15%
On 27 October 2022, 09:11 (UTC+3), Brent Crude futures for January settlement were trading 0.15% lower at $93.66 a barrel on the London-based ICE Futures Europe Exchange.
Light Sweet Crude (WTI) futures for December delivery fell by 0.13% to $87.80 a barrel.
Global oil prices are decreasing this morning after a surge to a two-week maximum driven by reduction of U.S. gasoline reserves and weakening dollar, Interfax says.
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