WTI oil fell below $ 110 per barrel

oil closed the second day after the US Department of Energy announced its decision to sell up to 40.1 million barrels of raw oil on the market as part of the implementation of the March promise of President Bayden about the phased issue of one million barrels of oil a day from strategic reserves within six months.

West Texas Intermediate oil futures fell just below $ 110 per barrel, the lowest level in almost a week after the Ministry of Energy stated that he would release 40 million barrels Highly gray oil between July 1 to August 15.

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