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Oil continues to post gains after OPEC + decision
14:02 - 05/03/2021
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The information / Baghdad ..
Today, Friday, oil prices continued to rise after the countries of the "OPEC +" group agreed to keep production unchanged until the end of next April, saying that the recovery in demand from the Coronavirus pandemic is still fragile.
By 09:10 Moscow time, US crude futures "West Texas Intermediate" rose 1.07% to $ 64.51 a barrel, and contracts closed yesterday's trading at $ 63.83 a barrel.
Brent crude futures rose 1.3% to $ 67.61 a barrel, and Brent crude closed at $ 66.74 a barrel, hitting a record level since January 2020.
The countries of the "OPEC +" group had agreed on Thursday to keep production unchanged until the end of next April, in a move aimed at supporting oil markets.
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