Oil prices today, Tuesday, continued to decline for the second day in a row against the backdrop of investors waiting for the results of the OPEC + meeting.
By 08:43 Moscow time, world futures for Brent crude fell 1.06% to $98.97 per barrel.
Meanwhile, futures for US West Texas Intermediate oil fell 0.86% to $93.07 a barrel, according to trading.
According to experts, the main driving force of the oil markets now is the expectation of the results of the meeting of the OPEC + group tomorrow, Wednesday.
In addition, investors continue to evaluate yesterday’s data on the increase in oil production in Libya to the level of early April next year, and Bloomberg reported, citing Libyan Oil Minister Mohamed Aoun, that production increased to 1.2 million barrels. per day after it fell by more than half. From mid-April 2022.
Source: Prime