International oil prices continued to rise during trading today, Monday, and the global “Brent” crude contracts are heading towards the level of 87 dollars per barrel, and this comes despite concerns over demand due to the spread of the mutated “Omicron” from the Corona virus.
American “West Texas Intermediate” crude futures rose 0.58% to $ 84.31 a barrel, while Brent crude futures rose 0.49% to $ 86.48 a barrel, according to what was reported by “Russia Today” channel.
Last week, Brent contracts rose by 5.3%, and US crude, West Texas Intermediate, increased by 6.2%.
The rise comes on the impact of positive data from China, where official data showed that the Chinese economy achieved stable growth in 2021. The National Statistics Authority of China stated that the country’s gross domestic product rose by 8.1% year on year.
The data indicated that this growth rate was much higher than the government’s target of “above 6%,” according to the Chinese “Xinhua” news agency.
These were the details of the news Oil prices rise and continue to record gains for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.