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Oil: prices continue to rise

07/06/2024
Source : ORISHAS-FINANCE
Categories: Raw materials

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Après que l' Arabie saoudite et la Russie, membres de l' OPEP+, indicated that they were ready to suspend or cancel production agreements and that a cutting interest rates in Europe raised the prospect of a similar measure in the United States oil prices rose on Friday, continuing their

ascent.

Brent oil futures rose 16 cents or 0.2% to $80.03 per barrel and West Texas Intermediate oil futures rose 16 cents or 0.2% to $75.71 per barrel and West Texas Intermediate oil futures rose 16 cents or 0.2% to $75.71 at 0007 GMT. Prices rose on Thursday when Saudi Arabia and Russia tried to reassure markets about supply agreements

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