Oil prices rise by 1%

0
98
Oil-prices-rise-by-1-696x464
Oil-prices-rise-by-1-696x464

Due to supply problems with the Middle East’s developing crisis, higher figures from the services sector in the United States, and output cuts at Libya’s Sharara oil field, oil prices rose more than 1% today, Tuesday, reclaiming losses from the previous session.

Brent unrefined prospects arrived at 97 pennies, or 1.27 percent, to $77.27 a barrel by 03:54 GMT while US West Texas Middle raw destinies rose $1.14, or 1.56 percent, to $74.08.

Yesterday, Monday, both benchmarks dropped 1% against the backdrop of weakening world stock markets.

LEAVE A REPLY

Please enter your comment!
Please enter your name here