Oil prices continue to rise, and US crude jumps two dollars...


Tuesday, November 9, 2021 09:45 PM

Oil prices continued to rise, and US crude jumped two dollars to 83.93 dollars a barrel, according to Sky News, in urgent news a while ago.

Today, oil prices recorded $83.43 per barrel for Brent crude futures contracts, and US West Texas Intermediate crude futures recorded $81.97 per barrel..

And oil prices recorded the second consecutive weekly losses in the futures markets, where the prices of the international benchmark Brent crude contracts recorded weekly losses, at the conclusion of the trading sessions in the futures markets last Friday, by 1.9% compared to the end of the previous week, and the prices of the US West Texas Intermediate crude contracts recorded weekly losses by 2.7% compared to the end of the previous week.

The OPEC Plus alliance had decided to continue implementing the decision to increase oil production by 400,000 barrels per day, starting from last August, and continuing until next December..

Source : Economy: Oil prices continue to rise, and US crude jumps two dollars to 83.93 dollars a barrel

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