Crude Oil Price Drops

Crude Oil Price Drops to Lowest Point in 2022

Crude oil prices declined again this week on speculation that future demand will decrease as the global recession gains more strength into 2023. Brent crude oil prices closed at $79 per barrel on the international exchange in London on Dec. 7 and West Texas Intermediate closed at $72, which is…

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Alex Mills is the former President of the Texas Alliance of Energy Producers. The Alliance is the largest state oil and gas associations in the nation with more than 3,000 members in 305 cities and 28 states.

 

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