Ukraine in Arabic | 28 April start new collapse in Oil prices all around the world

Against the background of statements by Saudi Arabia to maintain previous levels of oil production, the price of "black gold" on Tuesday, April 28 started a new collapse.

Kiev/ Ukaraine in Arabic/ Against the background of statements by Saudi Arabia to maintain previous levels of oil production, the price of "black gold" on Tuesday, April 28 started a new collapse.

April 27, Monday the Saudi Deputy oil Minister Abdulaziz bin Salman said that the Kingdom would continue oil production in the previous volumes, to protect their interests in the market.

As of 10 a.m., Kyiv time, the price of Brent crude oil fell to 64,03 dollars per barrel, and WTI decreased to 56,25 per barrel.

"Saudi Arabia is interested in maintaining its market share and retain their customers," said the Deputy Minister.

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