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World oil prices fell on Friday
Oil prices fell [url=https://www.thebaghdadpost.com/ar/Story/t/105649/%D8%AA%D8%B9%D8%A7%D9%85%D9%84%D8%A7%D8%AA %D8%A7%D9%84%D9%8A%D9%88%D9%85 %D8%A7%D9%84%D8%AC%D9%85%D8%B9%D8%A9]on Friday[/url] as they headed for weekly losses, ahead of data on crude oil platforms and amid concerns about oversupply.
In a report published by the Organization of "OPEC" yesterday announced that the compliance of the countries participating in the agreement to reduce oil production reached 111% last September.
OPEC had a deal in June that would cut compliance with a 100 percent reduction in output from July to 152 percent in May.
The agreement to reduce compliance came to cool prices as Brent crude rose to a three-year high.
Brent crude for December delivery fell 0.8% to $ 76.28 a barrel by 6:25 am GMT.
US Nymex crude futures for December delivery fell $ 66.61 a barrel, falling 1.
On the other hand, there is a case for the start of US sanctions against Iran a week later, which is expected to reduce Tehran's supply and boost prices.
Baker Hughes is due to announce data on crude oil platforms in the United States over the course of the week ending today.
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https://www.thebaghdadpost.com/ar/Story/127642/%D8%A7%D9%86%D8%AE%D9%81%D8%A7%D8%B6-%D8%A3%D8%B3%D8%B9%D8%A7%D8%B1-%D8%A7%D9%84%D9%86%D9%81%D8%B7-%D8%B9%D8%A7%D9%84%D9%85%D9%8A%D8%A7-%D9%81%D9%8A-%D8%AA%D8%B9%D8%A7%D9%85%D9%84%D8%A7%D8%AA-%D8%A7%D9%84%D9%8A%D9%88%D9%85-%D8%A7%D9%84%D8%AC%D9%85%D8%B9%D8%A9
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