COP28: Crude Oil Prices Drop By 7.49% As Countries Push To Benefit From $700m Loss, Damage Fund

Crude oil prices have dropped 7.49 per cent since the United Nations Climate Change Conference of the Parties (COP28) kicked off in Dubai, the United Arab Emirates.

Data analysed by THE WHISTLER showed that Brent Crude which is the benchmark oil price fell by $6 or 7.49 per cent from $80.86 per barrel sold on November 30, 2023, when the conference started to $74.80pb as of December 7, 2023.

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