Jakarta, CNBC Indonesia – World oil prices moved up in trading this week. Concerns about the depletion of supply made the price of the black gold rise.
On Monday (27/9/2021) at 06:35 WIB, the price of Brent oil was at US$ 78.72/barrel. Up 0.81% from last weekend’s position.
While the light sweet type costs US $ 74.64/barrel. An increase of 0.89%.
Market participants are anxious to hear from the UK. BP, the oil and gas giant in Big Ben, revealed that nearly a third of gas stations had run out of the two main types of fuel.
“With high demand in recent days, we estimate that around 30% of gas stations have no primary fuel supply. We will seek to get supplies back available as soon as possible,” BP said in a statement.
The increasingly expensive price of natural gas makes motor vehicles have to compete with the industry to survive. The high price of natural gas, which soared 35.44% in the past month, has made the business world turn to fuel oil (BBM) as an energy source. As a result, world oil prices have also increased.
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