Today, at the beginning of trading in the world markets, it fell by 2%.
The price of a barrel of Brent oil and US oil now stands at $114.5 and $101, respectively.
Last week, the oil market performed positively by $7 as tension in the Middle East increased.
Disturbance in the passage of oil tankers in the Strait of Hormuz# and the worsening of tensions between Arabia and the Houthis are cause for concern.
Volatility in the value of the dollar against the euro and the pound was limited today.