Home » Economy » Oil prices reverse their trend and rise to about $90 a barrel

Oil prices reverse their trend and rise to about $90 a barrel

by Alexandra Hartman Editor-in-Chief

economic event

Today, Friday, oil prices rebounded, following a decline that was recorded in early trading, and the international crude contracts, “Brent” mix, are now heading towards the level of $90 a barrel.

By 12:20 Moscow time, US West Texas Intermediate crude futures rose 1.19% to $82.20 a barrel, while Brent crude futures rose 1.19% to $89.54 a barrel.

Before that, in morning trading, oil prices were in the red, as Brent crude was traded at $87.93 a barrel, and US crude was trading at $80.82 a barrel.

Oil prices closed yesterday’s trading at 88.49 dollars per barrel for “Brent” crude, and at 81.23 dollars per barrel for US crude.

Source: RT

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