Oil prices rise as US crude oil increases



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Riyadh – Harmony:

Oil prices fluctuated as US crude rose, supported by purchases to cover city centers, while Brent was hit by global trade tensions and Saudi production.

(Brent) increased 28 cents, or 0.36%, to $ 77.11 per barrel.

US crude dropped about 0.5% during the week, Although it has recorded its highest level since November 2014, Brent ends the week on a loss of About 3%.

Pleasures The rise in US crude during Friday's session is due to purchases to cover city centers after falling by 2% during Thursday's session under pressure data showing an unexpected rise in 1.3 million barrels last week.

Baker Hughes Energy Services The total number of active oil rigs in the United States, a preliminary indicator of future production, increased by 5 aircraft during the week ending July 6 at 863 , an increase of 100 last year.


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