Oil rose in global markets
Mining News Pro - Brent crude prices today rose by 26 cents, up 0.4 percent to $ 72 and 87 cents a barrel.
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According to Mining News Pro - After OPEC confirmed Saudi Arabia`s oil output dropped in July, today`s oil prices have risen in global markets.

According to the report, Brent crude prices today rose by 26 cents, up 0.4 percent to $ 72 and 87 cents, according to the report.

The US crude price, today with 32 cents, rose 0.5 percent to 67 dollars and 52 cents.

Saudi Arabia`s oil production fell by 200,000 barrels in July to 10,288 million barrels a day, OPEC said in its monthly report.

OPEC has cited a decline in Saudi production of some 53,000 barrels of secondary sources, but official figures provided by Riyadh to the OPEC Secretariat are down from 200,000 barrels.

The OPEC report also predicts that demand for crude oil in the world will rise by 1.43 million barrels in 2019, down from 1.64 million barrels in 2018.

According to OPEC, the decline in demand for oil will be due to a possible decline in economic growth caused by US-China trade disputes and turbulence in emerging markets.


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