2023-05-05 07:52:08
Frankly News – Oil prices rose today, Friday, after a wave of losses recorded this week, and prices fell in light of fears of an economic recession, which will affect the demand for crude.
By 09:31 Moscow time, US West Texas Intermediate crude futures rose 1.27% to $69.43 a barrel.
Brent crude futures rose by 1.32% to $73.46 a barrel, according to Bloomberg data.
Despite the rise, black gold prices are heading towards recording weekly losses, global crude “Brent” by 8.5%, and US crude by more than 10%. Russia Today
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