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Raw material: oil is increasing

27/06/2025
Source : ORISHAS FINANCE
Categories: Raw materials

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Oil prices rose on Friday, even though they were on the verge of their biggest weekly drop since March 2023.

Brent crude futures rose by 50 cents, or 0.7%, to $68.23 per barrel at 10:36 GMT while American West Texas Intermediate crude gained 49 cents, or nearly 0.8%, to $65.73 GMT. Brent prices briefly rose to over $80 per barrel during the 12-day war that began after Israel targeted Iranian nuclear facilities on June 13, before dropping to $67 per barrel after U.S. President Donald Trump announced a ceasefire between Iran and

Israel.
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