It has been reported that the price of crude oil has fallen due to the decline in demand in China, one of the world's largest energy consumers, the gloomy profile of the global economy and the strengthening of the dollar.
Accordingly, the price of a barrel of Brent crude oil dropped by 3.81 dollars which is 4.4% yesterday (03) and the price of a barrel of that oil was recorded as 82.10 dollars.
Also, the price of a barrel of WTI crude oil also dropped by 4.1% yesterday and the price of a barrel of that oil was recorded as 76.93 dollars.
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