Close Menu
  • Home
  • News
  • Business
  • Lifestyle
    • Entertainment
  • Travel
  • Tech
  • Living
  • Others
    • Housing
    • Jobs
    • Education
    • Community
    • Expat life
  • Abu Dhabi Week
X (Twitter)
  • Editorial Policy
  • About Us
  • Contact
X (Twitter)
Dubai Week
Subscribe
  • Home
  • News
  • Business
  • Lifestyle
    • Entertainment
  • Travel
  • Tech
  • Living
  • Others
    • Housing
    • Jobs
    • Education
    • Community
    • Expat life
  • Abu Dhabi Week
Dubai Week
  • Home
  • News
  • Business
  • Lifestyle
  • Travel
  • Tech
  • Living
  • Others
  • Abu Dhabi Week
Home»News»Brent crude deals are once again rising above $ 101
Brent crude deals are once again rising above $ 101
News

Brent crude deals are once again rising above $ 101

Nadia BarnettBy Nadia BarnettFebruary 25, 2022No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Brent crude rose to $ 101.20 a barrel in Asian trade on Friday, a day after Russia’s attacks on Ukraine topped $ 105.
Oil prices rose on Thursday, and Brent rose above $ 105 a barrel for the first time since 2014, lowering its profit below $ 100.
Russia’s attack on Ukraine has raised concerns about disruptions to global energy supplies. After World War II, Russia launched a full-scale occupation of Ukraine by land, air and sea in a major state offensive against another country in Europe.
Brent crude traded up $ 2.24, or 2.3 percent, to trade at 99.08 dirhams a barrel, up $ 105.08 earlier today.
US benchmark West Texas Intermediate crude trades were up 71 cents, or 0.8 percent, at $ 92.81 a barrel after hitting a session high of $ 100.54.
Brent and US crude hit record highs after October and July 2014, respectively.
Prices fell after US President Joe Biden said the United States was working with other countries to jointly release extra oil from global strategic crude reserves.
In the United States, commercial oil stocks rose 4.5 million barrels to 416 million barrels last week, a bigger increase than analysts’ expectations, as voted by Reuters, which pointed to a rise of 400,000 barrels.
But crude oil stocks in the U.S. Strategic Petroleum Reserve are down 2.4 million barrels to 582.4 million barrels, the lowest level since 2002.
(Agencies)

Share. Facebook Twitter Pinterest LinkedIn Tumblr WhatsApp Email
Previous ArticleFarida: I will not be collaborating with any poets or composers on my new album … and will produce my songs to express the feelings of my generation | News
Next Article “Economy”: “Investopia” outlines the future of foreign investment
Nadia Barnett

"Award-winning beer geek. Extreme coffeeaholic. Introvert. Avid travel specialist. Hipster-friendly communicator."

Related Posts

HPE unveils unified program to power up profitable growth for partners

June 30, 2025

FutureSec Summit’25 to Tackle AI, Digital Trust, and Cyber Resilience in Dubai

June 17, 2025

CNN Academy Abu Dhabi Opens Applications for Aspiring Media Talent

June 14, 2025

Top 10 Cleaning Companies in Dubai for 2025 by DubaiWeek

June 14, 2025
Business

Flying to Georgia from the Emirates? Here’s How to Book a Car

By Stuart WagnerJuly 18, 20250 Business

Georgia isn’t a secret anymore. Over the past few years, it’s become a top destination…

AMISEQ Fuels Growth with Middle East Focus and Launches Z-Deploy to Revolutionize Cybersecurity Deployments

July 18, 2025

From Beaches to City Escapes: Elevate Your Journey with Jashanmal Group’s Premium Luggage Collection

July 18, 2025

Binghatti Opens its London Boutique Marking Larger International Presence

July 18, 2025
X (Twitter)
  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact
© 2025 Dubai Week

Type above and press Enter to search. Press Esc to cancel.