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Oil prices rise by more than 3%
13:59 - 24/03/2021
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The information / Baghdad ...
Oil prices rose today, Wednesday, by more than 3%, after a ship stranded in the Suez Canal obstructed the passage of other ships, amid fears that oil supplies would be affected due to the temporary suspension of navigation through the canal.
Brent rose 3.19 percent to $ 62.73 a barrel, by 12:33 Moscow time, after tumbling 5.9 percent to $ 60.50 the previous day.
West Texas Intermediate crude rose 3.10 percent to 59.55 dollars a barrel, after losing 6.2 percent and touching a low of 57.03 dollars on Tuesday.
The two indices yesterday touched their lowest levels since early February, and fell about 14 percent from the high levels they reached earlier. Of this month.
The stranding of a huge container ship in the Suez Canal today stopped navigation through the canal, which is an international artery for the flow of oil carriers, but the Suez Canal Authority announced urgent measures after the ship’s accident.
Oil prices rose today, Wednesday, by more than 3%, after a ship stranded in the Suez Canal obstructed the passage of other ships, amid fears that oil supplies would be affected due to the temporary suspension of navigation through the canal.
Brent rose 3.19 percent to $ 62.73 a barrel, by 12:33 Moscow time, after tumbling 5.9 percent to $ 60.50 the previous day.
West Texas Intermediate crude rose 3.10 percent to 59.55 dollars a barrel, after losing 6.2 percent and touching a low of 57.03 dollars on Tuesday.
The two indices yesterday touched their lowest levels since early February, and fell about 14 percent from the high levels they reached earlier. Of this month.
The stranding of a huge container ship in the Suez Canal today stopped navigation through the canal, which is an international artery for the flow of oil carriers, but the Suez Canal Authority announced urgent measures after the ship’s accident.
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