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Oil rose to its highest level since last February

2021-01-06T08:38:00.755Z


London-SANA Oil prices rose to their highest level since last February. Reuters reported that the global benchmark


London - Sana

Oil prices rose to their highest level since last February.

Reuters reported that Brent crude rose about 1 percent to $ 54.9 per barrel, while Brent recorded $ 53.87 per barrel, after it jumped 4.9 percent.

US West Texas Intermediate crude futures reached $ 50.24 a barrel, which is also the highest since February 26.

The rise in oil prices came after Saudi Arabia agreed to cut production more than expected at a meeting with its allies from oil producers.

Source: sena

All business articles on 2021-01-06

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