London-Sana
Oil prices stabilized today, after a sharp decline of four percent in the previous session, after concerns about fuel demand in China subsided, with the central bank pledging to support the economy affected by the restrictions of the Corona pandemic.
Reuters reported that Brent crude futures rose 59 cents, or 0.58 percent, to $102.91 a barrel.
US West Texas Intermediate crude contracts rose 34 cents, or 0.35 percent, to $98.88 a barrel.
Both crudes fell about 4 percent yesterday, as Brent crude fell about $7 a barrel in the session, while West Texas Intermediate crude fell about $6 a barrel.
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