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The rise in global oil prices

2022-12-22T06:35:44.831Z


Washington, SANA- Oil prices rose by more than two dollars a barrel, following a decline in US crude inventories. reported t


Washington-SANA

Oil prices rose by more than two dollars a barrel, following a drop in US crude inventories.

Reuters reported that Brent crude futures for February delivery rose $2.21, or 2.76 percent, to $82.20 a barrel, while West Texas Intermediate crude futures rose $2.06, or 2.7 percent, to $78.29.

According to data from the US Energy Information Administration, US crude inventories fell by 5.89 million barrels, compared to estimates of a decline of 1.66 million barrels.

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Source: sena

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