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[size=36]The price of a barrel of Brent crude jumps to 88 dollars[/size]
Economie| 08:44 - 24/01/2022
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BAGHDAD - Mawazine News
Oil prices jumped on Monday, with Brent crude futures rising 87 cents, or 1.0%, to $88.76 a barrel, ending a 0.6% decline on Friday.
US West Texas Intermediate crude futures rose 86 cents, or 1.0%, to $86.00 a barrel, after falling 0.5% on Friday.
Both benchmarks rose for the fifth consecutive week last week, about 2%, their highest level since October 2014. Prices have risen more than 10% so far this year due to fears of tight supply. Ended 29/N33
Oil prices jumped on Monday, with Brent crude futures rising 87 cents, or 1.0%, to $88.76 a barrel, ending a 0.6% decline on Friday.
US West Texas Intermediate crude futures rose 86 cents, or 1.0%, to $86.00 a barrel, after falling 0.5% on Friday.
Both benchmarks rose for the fifth consecutive week last week, about 2%, their highest level since October 2014. Prices have risen more than 10% so far this year due to fears of tight supply. Ended 29/N33
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