Oil prices level up in global markets

Economy
  • 25-03-2025, 17:51
    • +A -A

    INA - SOURCES

    Crude oil prices recorded a significant increase during trading on Tuesday.

    This was supported by a combination of geopolitical and economic factors, most notably the recent US sanctions against Chinese companies, in addition to the OPEC+ group's commitment to additional production cuts.

    According to data from the Investing website, the price of Brent crude oil reached approximately $72.81 per barrel, an increase of $0.44 (0.61%) from the previous close. 

    West Texas Intermediate - WTI crude oil also leveled up to $69.67 per barrel, an increase of $0.56 (0.81%).

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