Global Oil Prices Rise to $78.77 per Barrel Due to Middle East Tensions; Saudi Arabia Stands to Benefit
The price of Brent crude, the global oil standard, rose to $78.77 per barrel today, Friday, January 5, 2024, and this rise comes due to tensions in the Middle East. Saudi Arabia is the second largest oil producer in the world after the United States of America, and the Kingdom benefits from the significant rise … Read more