Home » Business » Oil continues to rise .. and the disclosure of the barrel price • Al Marsad Newspaper

Oil continues to rise .. and the disclosure of the barrel price • Al Marsad Newspaper

Al-Marsad Daily: Oil prices changed their course to the downside in trading today, Wednesday, despite losses incurred early in the trade.

At 07:00 GMT, Brent crude futures were up 64 cents, or 0.68%, to $ 94.93 a barrel.

The price of US West Texas Intermediate crude oil futures rose 37 cents, or 0.41%, to $ 89.72 a barrel.

Both benchmarks fell 2% in the previous session, according to “Reuters”.

Oil prices are under increasing pressure, with dollar strength on the rise and investors preparing to receive US inflation data amid concerns about fuel demand raised by the risks of a global recession and tightening of prices. “Covid-19” restrictions in China.

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