For the second day in a row .. Brent prices rose more than 5%

0
59


As concerns persist about increasing demand due to the Corona virus

The price of oil, “Brent”, rose today by more than 5 percent, and the price of a barrel reached 28.41 dollars.

Trading data indicated that the prices of futures contracts for May of North Sea oil, “Brent”, increased by 3.72 percent to reach 28.16 dollars per barrel, while the price of futures for May for West Texas Intermediate oil reached 25.21 dollars per barrel, increasing its price by 5 percent.

According to “Reuters”, the rise in oil prices continues for the second day in a row after commodity prices fell by 11% last Friday .. At the same time, experts point to continuing concerns about increasing demand due to the Corona virus.

The oil
Oil prices

For the second day in a row .. Brent prices rose more than 5%

Already

The price of oil, “Brent”, rose today by more than 5 percent, and the price of a barrel reached 28.41 dollars.

Trading data indicated that the prices of futures contracts for May of North Sea oil, “Brent”, increased by 3.72 percent to reach 28.16 dollars per barrel, while the price of futures for May for West Texas Intermediate oil reached 25.21 dollars per barrel, increasing its price by 5 percent.

According to “Reuters”, the rise in oil prices continues for the second day in a row after commodity prices fell by 11% last Friday .. At the same time, experts point to continuing concerns about increasing demand due to the Corona virus.

March 25, 2020 – Shaban 1, 1441

10:54 AM


As concerns persist about increasing demand due to the Corona virus

The price of oil, “Brent”, rose today by more than 5 percent, and the price of a barrel reached 28.41 dollars.

Trading data indicated that the prices of futures contracts for May of North Sea oil, “Brent”, increased by 3.72 percent to reach 28.16 dollars per barrel, while the price of futures for May for West Texas Intermediate oil reached 25.21 dollars per barrel, increasing its price by 5 percent.

According to “Reuters”, the rise in oil prices continues for the second day in a row after commodity prices fell by 11% last Friday .. At the same time, experts point to continuing concerns about increasing demand due to the Corona virus.





LEAVE A REPLY

Please enter your comment!
Please enter your name here