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Oil rises to its highest level in more than 3 years
- Time : 01/17 2022 08:45:03
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{Economic: Al Furat News} Oil prices recorded, on Monday, a remarkable increase, as Brent crude futures reached their highest levels in more than three years, as investors bet that supply will remain tight amid production restrictions by major producers, with global demand not affected by omicron variable.
Brent crude futures rose 6 cents, or 0.07 percent, to $86.12 a barrel.
US West Texas Intermediate crude rose 17 cents, or 0.20 percent, to $83.47 a barrel.
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{Economic: Al Furat News} Oil prices recorded, on Monday, a remarkable increase, as Brent crude futures reached their highest levels in more than three years, as investors bet that supply will remain tight amid production restrictions by major producers, with global demand not affected by omicron variable.
Brent crude futures rose 6 cents, or 0.07 percent, to $86.12 a barrel.
US West Texas Intermediate crude rose 17 cents, or 0.20 percent, to $83.47 a barrel.
Share if you like
[You must be registered and logged in to see this link.]
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