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(MENAFN – Youm7) Oil prices rose 2% on Friday as crude oil futures rose $ 1.21 or 2% to $ 61.71 a barrel. WTI futures increased 87 cents, or 1.6%, to $ 54.82 per 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.
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