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Oil: prices on the rise

13/10/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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En fin de cette semaine, les prix du pétrole ont enregistré une hausse après que les The United States has strengthened its sanctions program against Russian crude exports.

At 0345 GMT, Brent rose by 50 cents, or 0.6%, to $86.50 per barrel and American West Texas Intermediate (WTI) crude gained 64 cents, or 0.8%, at 83.55 dollars per barrel. It is expected to gain 2.3% per week, while WTI is expected to rise 0.9% for the week, after both contracts jumped on Monday on the potential for disruptions in Middle East exports after the Hamas attack on Israel over the weekend, threatening a possible broader conflict. Oil prices ignored data released on Friday showing a monthly drop in Chinese crude oil imports.

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