Oil prices are approaching $ 84 with the expectation that Omicron will not affect global demand

Oil prices are approaching $ 84 with the expectation that Omicron will not affect global demand

Oil prices are approaching $ 84 with the expectation that Omicron will not affect global demand

Oil prices soared to close at $ 84 a barrel on Tuesday, supported by expectations such as a shortage of supplies and an increase in the number of infections caused by the corona virus and the rapid spread of mutants … 11.01.2022, Sputnik Arab

2022-01-11T21: 14 + 0000

2022-01-11T21: 14 + 0000

2022-01-11T21: 14 + 0000

Oil prices today

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According to Reuters, international crude brent crude rose $ 2.85 or 3.52 per cent to close at $ 83.72 a barrel, closing at $ 83.22 a barrel from early November, or 3.8 per cent to $ 81.22 a barrel in mid-November. The higher the price. According to experts, the fall in the US dollar helped support oil because it makes crude cheaper for buyers of other currencies. Markets have been waiting for the latest weekly. Data on oil reserves will be provided by the American Petroleum Corporation later and tomorrow, Wednesday, by the U.S. Energy Information Administration. U.S. crude oil stocks fell about two million barrels last week, according to Reuters.

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