Melbourne-Sana
Oil prices jumped today, heading towards achieving weekly gains of more than two percent, amid increasing indications of tight supply during the next few months and increasing expectations of a shift to oil products in light of the sharp rise in natural gas and coal prices.
Reuters reported that Brent crude futures rose 28 cents, or 0.3 percent, to $84.28 a barrel, after rising 82 cents in the previous session, heading towards a rise of 2.3 percent during the week.
US West Texas crude contracts rose 30 cents, or 0.4 percent, to $81.61 a barrel, after increasing 87 cents yesterday, to be on the way to achieving a weekly gain of three percent.
Yesterday, the International Energy Agency expected that the energy crisis would boost demand for oil by 500,000 barrels per day, which would lead to a supply gap of about 700,000 barrels per day until the end of this year until the Organization of the Petroleum Exporting Countries and its allies, OPEC Plus, add more supplies as planned in December. Next second.