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World Energy Crisis, Oil Prices Record Again!

Jakarta, CNBC Indonesia World oil prices rose again in trading this morning. The increase in the price of the black gold to carve the latest record.

On Wednesday (6/10/2021) at 06:35 WIB, the price of Brent oil was at US$ 82.56/barrel. Up 1.6% from the previous day and the highest on record since October 10, 2018.

Meanwhile, the light sweet type costs US$ 79.04/barrel. It edged up 0.14% but was the highest since October 28, 2014.

The spike in oil prices was caused by the market’s response to the results of the OPEC+ meeting. During the meeting, Saudi Arabia, Russia and colleagues agreed to maintain production as previously agreed.

Some time ago, OPEC+ agreed to increase oil production by 400,000 barrels/day/month until December 2021. There is nothing more.

“We have reconfirmed the planned production adjustment plan,” OPEC+ said in a statement.

Next Page –> Gas Prices Rise, Oil Increases

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