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عين ليبيا
Source: عين ليبيا
1 Dayعين ليبيا
Source: عين ليبيا
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The Ministry of Oil and Gas of the National Unity Government issued a weekly bulletin regarding oil price trends for the period from July 20 to July 24, 2026. During this time, prices increased due to concerns over supply disruptions caused by geopolitical developments, rising global demand, and declining oil inventories. The OPEC basket's average price was $94.43 per barrel. The price of West Texas Intermediate (WTI) fluctuated between $79.58 and $88.07, while Brent crude's average price was $94.06, with fluctuations ranging from a low of $86.12 to a high of $102.00. These price movements reflect factors such as supply and demand, production levels, economic changes, and geopolitical conditions. They have a significant impact on oil-producing countries, especially Libya, which heavily depends on the energy sector and oil exports for its economy.
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