Oil prices increase after Chinese higher requests hope
(MENAFN) On Thursday, oil prices increased motivated by signs that the world's second-biggest oil-consuming nation China's virus epidemic could be ending, increasing potentials of higher request.
International main Brent crude was exchanging at USD110.19 a barrel at 06:25 GMT for a 0.99 percent rise after ending the prior session at USD109.11 per barrel.
American main West Texas Intermediate (WTI) stood at usd107.67 a barrel at the same time for a 0.29 percent drop after the previous session ended at USD107.99 per barrel.
China's firm COVID-19 procedures to face omicron-motivated outbursts, mainly in the economic center Shanghai, have taken a toll on the world’s second-biggest economy.
Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.