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Oil price increases

Oil price increases
Oil price increases

Due to the reduction of stocks of natural raw materials in the US, the price of oil on the world market increased slightly during the last trading day.

According to Report.ge, this is evidenced by trade market data.

Brent crude for March delivery was up by 0.28% at $ 79.43 a barrel.

WTI February futures rose by 0.33% to $ 76.81 a barrel.

The price of Brent oil exceeded $ 80 per barrel as of the publication of American statistics, although its price was corrected for the evening.

Commercial oil reserves in the United States (excluding strategic reserves) fell by 3.6 million barrels, or 0.8%, to 420 million barrels for the week ending on December 24. Analysts expected a decrease of only 3.2 million barrels.

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