US EditionOil Prices Rose by More than Two Percent at the End of the Week, with Brent Closing Above $70
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The price of oil has reached a new level, with Brent's barrel over $70. This increase is part of an upward trend that has been going on for several days. Exchanges on Monday showed a further increase, after a gain of more than 2% last Friday. Futures contracts on the Brent have earned 8 cents, reaching $70.44 per barrel. This movement follows a 2.51% increase last Friday. US oil West Texas Intermediate (WTI) also increased by 5 cents, to $68.50 …
The federal government left no fiscal stimulus to gasoline and diesel for 14th week in a row, while Magna gasoline rose four cents in the last week and oil rose more than 2 percent.On Sunday, July 13, regular gasoline or Magna was sold at an average domestic price of 23.46 pesos per litre, according to PETROIntelligence.Last week it was sold to 23.42 pesos.The increase in gasoline is thanks to the 6.3% increase in the price of crude oil in the l…
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trend.skOil prices rose more than two percent at the end of the week, with Brent crude closing above $70 a barrel. Oil prices rose more than two percent for the week as a whole. The situation on the oil market was mainly influenced by reports from the International Energy Agency, according to which the market may be more tense than it seems. The report comes from Reuters and Bloomberg data. A strong euro may put pressure on exports. However, a weaker d…
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