Oil prices rebound after four years of losses



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Global media reports that oil prices have recently recovered, after four-year losses.

According to international reports, oil prices rose about 2% on Friday, while futures contracts for Brent rose $ 1.21, or 2%, to $ 61.71 a barrel. WTI futures rose 87 cents, or 1.6 percent, to $ 54.82 a barrel.

Brent's futures contracts fell more than 7%, the largest decline in three years, pointing to US crude oil prices falling 8% in futures, and posting the worst daily performance in the world. 4 years old.

She pointed out that the decline in oil prices had been larger than expected, highlighting the decline in crude oil production of OPEC member countries as well as the decline in Libyan exports.

The President of the United States, Donald Trump, has imposed a 10% increase on US imports from China, worth $ 300 billion from next month, for all Chinese exports to the United States. -United.

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