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Oil rises and continues its gains

2022-04-29T09:06:19.247Z


Singapore, SANA- Oil prices rose for the fourth consecutive day, as fears of Russian supply disruptions prevailed


Singapore-Sana

Oil prices rose for the fourth day in a row as fears of Russian supply disruptions and the impact of lockdown restrictions to combat Covid-19 in China, the world's largest crude importer, overshadowed demand.

Reuters reported that Brent crude futures rose 88 cents, or 0.8 percent, to $108.47 a barrel, after rising 2.1 percent in the previous session.

West Texas Intermediate crude rose 55 cents, or 0.5 percent, to $105.91 a barrel, after a 3.3 percent increase yesterday.

The two prices are heading towards ending the week on a rise and recording gains for the fifth consecutive month.

Follow Sana's news on Telegram https://t.me/SyrianArabNewsAgency

Source: sena

All business articles on 2022-04-29

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