Early-Year Strength In Oil Markets Likely To Continue ...Middle East

The oil price rally that kicked off last week after the Biden administration announced the harshest sanctions yet on Russian oil has carried over into the new week. Brent crude for March delivery rose to above $82 per barrel this afternoon, while WTI crude for February delivery gained topped $80 per barrel. The rise took front-month Brent above the key 200-day moving average (currently $ 78.98/bbl for the continuous front-month contract) for the first time since July.  Last week, Reuters reported that a purported U.S. Treasury document circulating…

Read More Details
Finally We wish PressBee provided you with enough information of ( Early-Year Strength In Oil Markets Likely To Continue )

Also on site :

• U.S.-China Trade Talks Reignite Oil Demand Optimism
• Where’s the Inflation From Tariffs? Just Wait, Economists Say.
• ASI Broadens Its Presence in Utah With the Addition of Greater Salt Lake City Office in Lehi