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High oil prices

2021-03-04T07:25:57.191Z


Singapore-SANA Oil prices rose in the second consecutive session today. Reuters reported that the futures contract


Singapore-Sana

Oil prices rose for the second consecutive session today.

Reuters reported that Brent crude futures rose 53 cents, or 0.8 percent, to $ 64.60, and US West Texas Intermediate crude futures rose 46 cents, or 0.8 percent, to $ 61.74 a barrel.

The rise in oil prices was driven by the decrease in US fuel stocks and the possibility that OPEC Plus producers would take a decision against increasing production at an important meeting to be held later today.

Source: sena

All business articles on 2021-03-04

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