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Oil price hits 7-year high

2022-02-04T13:20:04.680Z


London, SANA-Oil prices reached their highest level in seven years, as geopolitical tensions and a winter storm led to...


London-Sana

Oil prices hit a seven-year high as geopolitical tensions and a winter storm in the United States fueled concerns about supply disruptions.

Reuters reported that Brent crude rose $1.32, or 1.5 percent, to $92.43 a barrel, after earlier touching its highest level since October 2014, recording $92.66.

West Texas Intermediate crude rose $1.45, or 1.6 percent, to $91.72 a barrel, after also rising to a seven-year high of $91.91.

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Source: sena

All business articles on 2022-02-04

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