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

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

by Alexandra Hartman Editor-in-Chief

Al-Marsad newspaper: Oil prices changed their downward course in trading today, Wednesday, despite the losses that they suffered at the beginning of trading.

By 07:00 GMT, Brent crude futures rose 64 cents, or 0.68%, to $94.93 a barrel.

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

Both benchmarks fell by 2% in the previous session, according to “Archyde.com”.

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

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