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Weekly gains in global oil prices ... Brent rises 0.6%, and US crude 0.7%


Crude oil prices recorded their third weekly gains in a row at the end of the trading sessions in the futures markets last Friday, as Brent crude contracts rose by 0.6% compared to the end of the previous week, and US West Texas crude contracts rose by 0.7%.

 

Oil prices recorded 68.71 dollars per barrel for Brent crude futures, and West Texas Intermediate crude futures recorded $ 65.37 per barrel upon settlement on Friday, as international media reports stated that oil prices on Friday witnessed an increase after the losses that may have occurred. Incurred by the day before yesterday, Thursday, as it witnessed a decrease of 3%, while the rise and the realization of gains were limited by the increase in Corona infections in India and the virus walking through it and the complete restart of the largest fuel pipelines in the United States of America, after the cyber attack he was exposed to and caused the closure.

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