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Oil prices rise to more than $72 a barrel
- Time: 12/21/2021 09:30:28
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{Economic: Al Furat News} Oil prices recorded, on Tuesday, a noticeable increase, despite the continued concern of investors about the rapid spread of the Corona virus “Omicron” globally, which prompted countries to think about more restrictions that are likely to affect the demand for fuel.
Brent crude futures rose 59 cents, or 0.8%, to $72.11 a barrel.
US West Texas Intermediate crude futures also rose 73 cents, or 1.1%, to $69.34 a barrel.
Many countries are on high alert just days before Christmas and New Year celebrations, with Omicron infections multiplying rapidly across Europe, the United States and Asia, including in Japan.
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{Economic: Al Furat News} Oil prices recorded, on Tuesday, a noticeable increase, despite the continued concern of investors about the rapid spread of the Corona virus “Omicron” globally, which prompted countries to think about more restrictions that are likely to affect the demand for fuel.
Brent crude futures rose 59 cents, or 0.8%, to $72.11 a barrel.
US West Texas Intermediate crude futures also rose 73 cents, or 1.1%, to $69.34 a barrel.
Many countries are on high alert just days before Christmas and New Year celebrations, with Omicron infections multiplying rapidly across Europe, the United States and Asia, including in Japan.
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