Brent oil prices have fallen to their lowest level in three years.

◻️Brent oil's barrel price fell to $68.51, indicating a decline in demand following weak economic data from the US and China, and saw its lowest level in the last three years.

◼️The fact that manufacturing PMI data in the US fell short of expectations and imports in China remained low increased the risk perception in global markets.

◻️Experts predict that oil prices may remain below $80 for a while in light of this data.

◼️Independent analyst Gaurav Sharma stated that global supply surplus is suppressing prices and that OPEC's intervention area is limited.

✒️Ekotürk