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[size=36]Oil prices continue to rise globally[/size]
Economie| 08:56 - 29/12/2021
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Follow-up - Mawazine News:
Oil prices rose for the sixth consecutive session, today, Wednesday, benefiting from a widespread rise in global markets, in light of the easing of fears of the “Omicron” mutator, despite the significant increase in cases of the virus.
US West Texas Intermediate crude rose 21 cents, or 0.3 percent, to $ 76.19 a barrel,
and the global benchmark Brent crude was not less fortunate than its predecessor, if it also rose 23 cents, equivalent to 0.3 percent, to $ 79.17 a barrel.
According to the "Reuters" agency, both crudes are near their highest level in a month, due to the recent rise.
And this rise comes, after the mutant Omicron of the Corona virus, in late November, caused a state of pessimism about the global economy, amid fears of a return to the closures that severely affect the economy.
But the relative dissipation of concerns about the "Omicron" mutant, following reports that it was less virulent than previous mutants despite the rapid spread, opened investors' appetite for higher-risk assets. Ended 29/N33
Oil prices rose for the sixth consecutive session, today, Wednesday, benefiting from a widespread rise in global markets, in light of the easing of fears of the “Omicron” mutator, despite the significant increase in cases of the virus.
US West Texas Intermediate crude rose 21 cents, or 0.3 percent, to $ 76.19 a barrel,
and the global benchmark Brent crude was not less fortunate than its predecessor, if it also rose 23 cents, equivalent to 0.3 percent, to $ 79.17 a barrel.
According to the "Reuters" agency, both crudes are near their highest level in a month, due to the recent rise.
And this rise comes, after the mutant Omicron of the Corona virus, in late November, caused a state of pessimism about the global economy, amid fears of a return to the closures that severely affect the economy.
But the relative dissipation of concerns about the "Omicron" mutant, following reports that it was less virulent than previous mutants despite the rapid spread, opened investors' appetite for higher-risk assets. Ended 29/N33
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