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Oil prices record $76.40 for Brent and $72.42 for US crude


Today, oil prices recorded $76.40 a barrel for the global benchmark Brent crude futures contract, and the US West Texas Intermediate crude futures contract registered $72.42 a barrel.

 

According to international media reports, oil prices in global markets rose today, Thursday, to continue their gains, as the rise was supported by the growth and increase in demand for fuel, as well as the more-than-expected decline in crude stocks in the United States of America.

 

The prices of the global benchmark Brent crude contracts recorded their second consecutive weekly gains at the end of the trading sessions in the futures markets last Friday, by 3.3% compared to the end of the previous week, and the prices of US West Texas Intermediate crude contracts recorded weekly gains, which are the fourth in a row, by 3.2% compared to the end of the previous week. The last week.

 

The OPEC Plus alliance agreed to add 400,000 barrels per day per month to the oil markets.

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