Oil prices rose today, Friday, on their way to recording a second consecutive weekly gain, as strong demand led to a larger-than-expected decline in US crude inventories, which outweighed the impact of fears about the consequences of raising interest rates in the United States.
And by 0615 GMT, Brent crude futures rose 45 cents, or 0.6 percent, to $ 76.97 a barrel, and US West Texas Intermediate crude rose 44 cents, or 0.6 percent, to $ 72.24 a barrel.
Both benchmarks are expected to rise about 2 percent for the second week in a row.
2023-07-07 08:15:00
#High #oil #prices #AlIttihad #Newspaper
Related posts:
Shanghai announces store reopening and return to work | Abroad
Unicef and 59 other organizations: open schools and don't close them again
Chicago Bears and DJ Moore renew contract for more than 100 million dollars
Giant Permanently Closes Starting Tomorrow, Hero Negotiates Ownership Transfer to Third Party