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Stable Prices of Petroleum Products: Record Highs and Current Trends

by Alexandra Hartman Editor-in-Chief

2023-09-11 08:07:12

Prices of petroleum products were stable Monday morning, following reaching record highs last week. Photo News By Sudinfo with Belga Published on 09/11/2023 at 09:16

Prices of petroleum products were stable Monday morning, following reaching record highs last week.

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A barrel of Brent from the North Sea reached 90.74 dollars, 9 cents more than Friday. American WTI is trading at $87.27, down 24 cents.

Prices are at their highest since November and have increased 20% since July. A resurgence was once more observed with recent announcements of export and production reductions from Russia and Saudi Arabia.

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