Crude oil became cheaper in the global market

 Crude oil became cheaper in the global market. The price of US crude oil per barrel decreased by 3.19 dollars to 86.18 dollars.


The price of gold in the global market recorded a decrease for the second day, while the rates of silver, platinum and palladium also fell. Gold price fell by $6.70 to $1,791 per ounce. Silver fell 15 cents to $20.11 an ounce. Platinum fell 10 cents to $933.50 an ounce. Palladium fell $9.30 to $2,149 an ounce.


The demand for palm oil decreased due to fears of global recession. Malaysian palm oil rates fell 6 percent. The price of Malaysian palm oil fell by $61.13 to $930.81 per ton, while wheat became cheaper in the global market after the start of supply from Ukraine. The price of wheat per ton decreased by 7.75 euros to 332 euros per ton.


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