Sunday, December 22, 2024
name of Prensa Latina
Bandera inglesa
English Edition
Search
Close this search box.
name of Prensa Latina

NEWS

NEWS

UK: Oil prices rise again as USD slumps on slowing inflation

petróleo
London, Dec 20 (Prensa Latina) Oil prices climbed again on Tuesday due to a weaker US dollar (USD).

Another element that justifies such a rise is the U.S. plan to resupply its strategic oil reserves, but profits were limited by uncertainty about increased Covid-19 cases in the leading global importer: China.

European Brent oil´s future rose by 50 cents, 0.65 percent, to $80.30 per barrel, added to the 76-cent surge of previous session. The futures of West Texas Intermediate in the United States (WTI) gained one dollar (1.31%), climbing to $76.19, after gaining 0.90 cents on Monday.

pll/aph/ro/rfc

LATEST NEWS
RELATED