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Thank you for reading the news of the oil price recovery in the last 24 hours after heavy losses and now with the details of the new
Oil prices rose about 2% on Friday, with Brent crude trading at $ 1.21 or 2% at $ 61.71 per barrel. WTI futures rose by 87 cents, or 1 per cent. , 6%, at $ 54.82 a barrel.
According to international media reports, Brent crude futures fell by more than 7% last Thursday, the largest decline in 3 years, and US crude oil prices fell 8% on futures contracts. the worst daily performance for over 4 years. According to media reports, the decline in oil prices has occurred despite the decline in US crude stocks more expected, the decline in crude oil production of OPEC member countries and the decline in Libyan exports, one of the reasons explaining high oil prices.
Donald Trump, the president of the United States, has imposed a 10% increase on US imports from China, worth $ 300 billion at the beginning of next month, for all Chinese exports to the United States. -United.
This is the detail of the news of the recovery of oil prices in the last 24 hours that followed the heavy losses of today. We hope that we will have given you the details, complete information and a complete follow-up of our news.
It should also be noted that the original news was published and published on the seventh day and that the Gulf 365 editorial team confirmed that it may have been modified and that it was not. it had been fully transferred or quoted. You can read and follow the innovations of this news from its source.
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