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[size=36]Oil prices are on the rise again in global markets[/size]
Economie| 10:17 - 17/03/2022
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Follow-up - Mawazine News
, Thursday, oil prices resumed their rise after the declines they witnessed during this week's trading, amid concerns raised by both the US Energy Information and the International Energy Agency yesterday regarding the expected supplies and prices for the coming months.
And after Brent crude fell yesterday to below $100 a barrel, crude futures for May delivery returned to climb 1.83% to $99.81 a barrel.
West Texas Intermediate crude futures for April delivery rose 1.64% to $96.6 per barrel.
The US Energy Information Administration expected that crude oil prices will be above $100 per barrel in the coming months, with the average price of US West Texas Intermediate crude oil at $113 per barrel in March, and $112 for the second quarter of 2022. End 29/N33
, Thursday, oil prices resumed their rise after the declines they witnessed during this week's trading, amid concerns raised by both the US Energy Information and the International Energy Agency yesterday regarding the expected supplies and prices for the coming months.
And after Brent crude fell yesterday to below $100 a barrel, crude futures for May delivery returned to climb 1.83% to $99.81 a barrel.
West Texas Intermediate crude futures for April delivery rose 1.64% to $96.6 per barrel.
The US Energy Information Administration expected that crude oil prices will be above $100 per barrel in the coming months, with the average price of US West Texas Intermediate crude oil at $113 per barrel in March, and $112 for the second quarter of 2022. End 29/N33
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