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[size=35][size=35]Oil prices are recording a new high[/size]
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2021-05-17 | 02:46
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Brent crude futures rose 5 cents, or 0.08%, to $ 68.77 a barrel by 05:36 GMT, while West Texas Intermediate crude increased 7 cents, or 0.1%, to $ 65.42.
The two decades jumped about 2.5% on Friday and were able to make slight gains last week, marking the third consecutive weekly increase.
Tensions increased in the Middle East after Israel launched a major attack on the Gaza Strip, threatening a war that could expand in the region and threaten foreign companies operating in the oil fields in the region and stop them from working.
However, the recovery of the main US pipeline network from supply concerns and a new wave of Covid-19 restrictions in Asia has brought back fears of reduced demand.
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Economie
[You must be registered and logged in to see this link.]2021-05-17 | 02:46
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1,915 Views
Today, Monday, oil prices increased due to instability in the Middle East region, after Israel launched a major attack on the Gaza Strip, which threatens its expansion and its impact on the surrounding oil-rich areas, but a new wave of Covid-19 restrictions in Asia raises concerns From low demand.
Brent crude futures rose 5 cents, or 0.08%, to $ 68.77 a barrel by 05:36 GMT, while West Texas Intermediate crude increased 7 cents, or 0.1%, to $ 65.42.
The two decades jumped about 2.5% on Friday and were able to make slight gains last week, marking the third consecutive weekly increase.
Tensions increased in the Middle East after Israel launched a major attack on the Gaza Strip, threatening a war that could expand in the region and threaten foreign companies operating in the oil fields in the region and stop them from working.
However, the recovery of the main US pipeline network from supply concerns and a new wave of Covid-19 restrictions in Asia has brought back fears of reduced demand.
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