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The stability of oil prices

2020-02-17T07:00:07.397Z


LONDON - SANA, Oil prices stabilized today following expectations to reduce supplies from major producers, which will lead to a tight supply


London-Sana

Oil prices stabilized today following expectations to reduce supplies from major producers, which will lead to a tight supply of crude.

Reuters reported that Brent crude was at $ 57.27 a barrel, down five cents, after rising 5.2 percent last week, the biggest weekly increase since September 2019.

US West Texas Intermediate crude rose eight cents to 52.13 dollars a barrel, after increasing by 3.4 percent last week.

Source: sena

All business articles on 2020-02-17

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