× Home About
logo
Brent crude exceeds $ 70 a barrel at the start of the weekly session
image 8 March، 2021
image ابحاث السوق
image Views : 745

Crude prices record highs at the beginning of the European session of the opening session of the week today, Monday, the eighth of March (March), as Brent crude trades at the highest levels of $ 70 for the first time since the beginning of the outbreak of the Corona virus early last January, while US crude is trading at its highest levels since October of 2018 . And crude prices benefited this morning from the attacks launched by the Houthi forces on the Saudi Aramco oil facility on Sunday, despite the failure of the attack. The price of crude rose by more than 3 percent last Friday, the last session of the week, after OPEC and its independent allies surprised the markets by delaying the increase in supply until April. The Kingdom of Saudi Arabia, the largest producer of crude within OPEC, kept on maintaining its voluntary reduction of one million barrels per day until April. Next. After the meeting of the organization, Goldman Sachs raised its forecast for Brent crude prices to $ 75 in the second quarter, an increase of five dollars, and to $ 80 in the third quarter of the year. On the other hand, UBS raised its forecast for Brent crude to $ 75 and for US crude to $ 72 in the second half of this year. Brent crude is trading with the European markets open at levels of $ 70.72 a barrel, up by 1.95 percent, while US crude (NYMEX) is trading at levels of $ 67.38 a barrel, up about 1.95 percent.

Most Read Articles

Most read Articles on FayezAlajmi-4x
NASDAQ
image 5 October، 2021
image ابحاث السوق
image 5310
icon View More
(العربية) EURUSD
image 7 September، 2021
image fayez alajmi
image 4324
icon View More
(العربية) BTCUSD
image 7 September، 2021
image fayez alajmi
image 3437
icon View More
GOLD
image 17 February، 2022
image fayez alajmi
image 3239
icon View More

مساحة إعلانية