Petrol Prices Continue to Fall
In recent days, oil prices have fallen by approximately 1% as Iraq resumed its crude oil exports through Turkey. Additionally, OPEC+'s planned production increase in November has increased global supply expectations, causing market fluctuations.
Brent and WTI Prices Decline
Brent crude oil, after reaching its highest close since July 31, lost 0.90% on Monday, dropping to $69.50. On the other hand, American crude oil (WTI) continues to trade at $65.07.
Iraq and Turkey Pipeline Reactivated
According to a statement from the Iraqi Ministry of Oil, the pipeline from Iraq to Turkey resumed crude oil flow on Saturday after a 2.5-year hiatus. The agreement between the Iraqi central government and foreign oil producers in the region will ensure the flow of 180,000 – 190,000 barrels of crude oil per day to Turkey's Ceyhan port.
```⚖️ Yasal Uyarı:Bu içerik yatırım tavsiyesi niteliği taşımaz. Yatırımlarınızla ilgili kararlarınızı kendi araştırmalarınız ve risk profilinize göre almanız önerilir.
Oil prices, crude oil, Iraq oil, OPEC+, market analysis
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