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Oil prices rise amid supply concerns

2022-09-19T08:19:45.078Z


Singapore, SANA- Oil prices rose at the beginning of trading in Asia today, as a result of the dollar’s ​​decline and concerns about the future


Singapore-Sana

Oil prices rose in early trading in Asia today, due to the decline in the dollar and concerns about supply.

Reuters reported that Brent crude futures rose 60 cents, or 0.7 percent, to $95.91 a barrel.

The price of US West Texas Intermediate crude increased to $58.50 per barrel.

Contracts of Brent and US crude fell more than one percent last week due to fears that the Federal Reserve's interest rate hike again would slow global growth, while the weak dollar supported the contracts of the two crudes.

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Source: sena

All business articles on 2022-09-19

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