Today, oil prices witnessed a decline in the Friday session before the weekend and Christmas, amid expectations that Angola will increase production after its withdrawal from OPEC Plus due to its differences with the Kingdom of Saudi Arabia, but the opposite happened and prices rose during the week supported by positive sentiments in the American economy and investors’ fears due to… Tensions in the Middle East.
Futures prices fell today, Saturday, December 23, bringing the price of Brent crude to $79.07 per barrel, an increase of 32 cents or 0.4%.
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While the price of US West Texas Intermediate crude reached $73.56 per barrel, an increase of 0.5%, or about 33 cents.
Thus, the two benchmarks rose approximately 3% this week after rising less than 1% last week.
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2023-12-23 09:53:01
#Oil #rose #affected #withdrawal
