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[size=35][size=35]Oil prices are rising again[/size]
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2022-06-08 | 3 o'clock
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Oil prices rose today, Wednesday, after tight supplies and increased demand for fuel, which supported crude futures contracts, while the largest Chinese cities eased restrictions imposed to contain the Corona pandemic.
Brent crude futures for August rose 22 cents, or 2%, to $120.79 a barrel, after closing at their highest level since May 31 on Tuesday.
US West [url=https://www.alsumaria.tv/Entity/2861960649/%D8%AA%D9%83%D8%B3%D8%A7%D8%B3 %D8%A7%D9%84%D9%85%D8%AA%D9%88%D8%B3%D8%B7%D8%A9/ar/]Texas Intermediate[/url] crude contracts for the month of July amounted to $119.65 a barrel, an increase of 24 cents, or 0.2%, after reaching the highest settlement since March 8.
Analysts surveyed expect[You must be registered and logged in to see this link.]Their opinions, another drop for US crude stocks in last week's data, although gasoline and distillate stocks may be higher.
Figures from the American Petroleum Institute showed that stocks of crude and oil products in[url=https://www.alsumaria.tv/Entity/45068/%D8%A7%D9%84%D9%88%D9%84%D8%A7%D9%8A%D8%A7%D8%AA %D8%A7%D9%84%D9%85%D8%AA%D8%AD%D8%AF%D8%A9/ar/]United State[/url]soared last week.
Global supplies of crude and oil products remain tight, boosting Asian refiners' profit margins that rely on diesel to record levels, as Western sanctions hamper exports from major producers in the world.[You must be registered and logged in to see this link.].
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