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Brent oil price per barrel is $76.66.

Brent oil is traded at $76.66 a barrel in international markets. The barrel price of Brent oil, which rose to $ 77.48 on Friday, completed the day at $ 76.10.

The barrel price of Brent oil increased by 0.74 percent to $76.66 as of the closing date, as of 10:00 am today. At the same time, West Texas Intermediate (WTI) crude oil found buyers at $71.77 a barrel.

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The fact that the Producer Price Index announced last week in the USA was above expectations increased inflationary concerns, while the decline in the global service sector and manufacturing industry Purchasing Managers Indices kept the recession risk on the agenda. This continues to put downward pressure on prices, leading to uncertainty regarding global oil demand.

On the other hand, the possibility of the epidemic spreading rapidly in China caused uncertainties in the region to increase. Experts stated that with the rapid increase in the number of cases in the country, concerns about economic activity have strengthened, and that the news flow on the subject may have an impact on prices.

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