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Oil prices at their lowest levels since 2021
Oil prices at their lowest levels since 2021

Oil prices at their lowest levels since 2021

Brent crude oil's price dropped by 15% in a week, reaching $70.50 a barrel, the lowest price point since December 2021.

Brent crude oil's price dropped by 15% in a week, reaching $70.50 a barrel, the lowest price point since December 2021. This decline is happening amid a US/European banking crisis. Goldman Sachs Group analysts have cancelled their $100-a-barrel prediction for this year. Considering the speed and volume of the sell-off, it can be assumed that BRN's downtrend will continue.

BRN crude oil

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