23 Hrs
Source:
وكالة الأنباء القطرية
Oil prices climb ahead of regional updates
Oil prices rose today amid market anticipation of efforts to ease tensions in the region and resume oil flows through the Strait of Hormuz. The price of Brent crude increased by $3.09, or 3.89%, reaching $82.54 per barrel. U.S. West Texas Intermediate also climbed by $2.49, or 3.31%, to $77.71 per barrel. Prices had fallen approximately 8% during the week following statements suggesting that an agreement to boost the movement of vessels through the strait was close.
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