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High oil prices

2021-05-24T17:17:33.242Z


Singapore - SANA Oil prices rose today, offsetting some of last week's losses. Reuters reported that the futures contracts


Singapore - SANA

Oil prices rose today, reversing some of last week's losses.

Reuters reported that the futures contract for Brent crude for March delivery increased 38 cents, equivalent to 0.6 percent, to $ 66.82 a barrel, while the US West Texas Intermediate crude recorded $ 63.96 per barrel, an increase of 38 cents, or 0.6 percent.

Analysts from Goldman Sachs said that even with a possible resumption of Iranian exports, concerns about high oil prices still exist due to the increase in global demand for vaccines.

Source: sena

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