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The price of oil soars

2021-03-08T17:16:42.543Z


The barrel has regained its pre-Covid-19 price. For the first time since the start of the Covid-19 epidemic, oil has returned to its pre-crisis level. On Monday, the price of a barrel of brent, one of the two great global benchmarks, exceeded $ 70, even briefly peaking at $ 71.38. The WTI, the American indicator, has also returned to its spring 2019 level for a while. A leap carried by the generous American recovery plan, the OPEC + agreements


For the first time since the start of the Covid-19 epidemic, oil has returned to its pre-crisis level.

On Monday, the price of a barrel of brent, one of the two great global benchmarks, exceeded $ 70, even briefly peaking at $ 71.38.

The WTI, the American indicator, has also returned to its spring 2019 level for a while.

A leap carried by the generous American recovery plan, the OPEC + agreements, the Organization of the Petroleum Exporting Countries and its allies, as well as new attacks on Saudi oil infrastructure.

Read also:

Oil: OPEC and its allies modestly loosen the floodgates

According to the Saudi Ministry of Energy,

"a drone from the sea attacked one of the oil tanks in the port of Ras Tanoura on Sunday morning".

Saudi authorities said they destroyed the drone and did not report any damage.

But the possibility of damage to Ras Tanoura, a port in eastern Saudi Arabia where the largest terminals and oil storage centers in the world are located, "

is particularly

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Source: lefigaro

All business articles on 2021-03-08

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