Saudi Arabian Oil Minister Halid al-Falek said on Sunday (November 11) that Saudi Arabia plans to ship 0.5 bn barrels per day (159 liters) to markets in December compared to November. In response to his statement, oil prices have changed dramatically, with the Brent oil price above $ 71.
Brent oil price increased by $ 1.32 (1.88%) to 7.49 hours in January to $ 71.50 (63.02 euros) for a barrel. WTI crude oil prices have significantly increased in WTI terms in December. US $ 0.78 (1.30%) higher than the previous closing date and amounted to $ 60.97 per barrel.