Sunday , October 17 2021

The price of a barrel of American raw material has been at a record level for about 7 years



[ad_1]

The price of a barrel of American oil has been at a record level for about 7 years

Reuters

expressive image

Oil prices continued to rise Friday, and US oil rose above $ 80 a barrel, for the first time since November 2014.

read more

With the transformation of some industries from gas to oil, oil prices are rising

According to Bloomberg website data, US West Texas Intermediate crude futures stood 2.01% to $ 80.01 a barrel.

Meanwhile, Brent crude futures rose 1.54% to $ 83.21 a barrel.

The rise in oil prices comes in light of the increasing demand for black gold, and one of the reasons that contributed to the increase in demand is the beginning of some industries shifting from the use of expensive gas as fuel to oil.

Source: RT + Reuters



[ad_2]
Source link