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[size=30]Optimistic expectations .. Oil is on its way to $ 80 a barrel
2021-05-24
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Yes Iraq: Baghdad
On Monday, oil prices recorded a noticeable increase with the increasing indications that the US economy is recovering quickly, while news was expected to reach about $ 80 a barrel.
Brent crude rose in the settlement next July, 0.61 percent, to reach $ 66.76 a barrel.
US West Texas Intermediate crude, for delivery in July, rose 0.60% to settle at $ 63.95 a barrel.
Goldman Sachs Group said that the price hike "continues", and expected Brent crude to reach $ 80 this year even if Iranian supplies are restored, and said in a note that the recovery in developed market demand helps offset weak consumption in South Asia and America Latin
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