Singapore-Sana
Oil prices are heading to record a record high, the first since 2009, driven by the global economic recovery from the recession that prevailed for a period due to the Corona virus.
Reuters reported that on the last day of 2021, Brent crude futures are heading to end the year with an increase of 53 percent, and US crude futures are on track to achieve a rise of 57 percent, the strongest performance of the two benchmark contracts in 12 years, when prices rose by more than 70 percent.
Oil prices stopped increasing after rising for several consecutive days in light of the increase in Corona infections and their rise to high levels globally from the far east to the west, which is fueled by the new mutated strain of Corona “Omicron”.
