This morning, the shipping company Inchcape said the container ship Ever Given has floated again after nearly a week crashed into the banks of the Suez Canal and ran aground. Immediately after this information, world crude oil prices plummeted, due to the congestion in the canal that threatened oil supplies.

US WTI crude oil today sometimes lost 1.9%. Currently, WTI is down 1.8% to $ 59.85 a barrel. Brent oil fell 1.56% to $ 63.5.

In fact, oil prices have fallen since this morning, but only around 0.3% - 0.4%, due to the bleak world demand outlook. However, the decline has accelerated after information about Ever Given.

Crude oil prices rose more than 4% last Friday, closing the volatile trading week as traders and investors try to gauge the impact on the oil market of the Ever Given incident and blockade orders. pandemic prevention in many countries.

Another reason for the increase in prices last week was the Organization of the Petroleum Exporting Countries (OPEC) and its ally, which are expected to maintain low output at this week’s meeting.