Oil Prices Increase 4 Days in a Row In Spite of “Basic Factors”

Oil Barrels (Expressive)
Oil Barrels (Expressive)

اضافة اعلان

LONDON— Oil Prices rose Thursday, in light of news of the Russian crude oil pipeline stopping regardless of the increase in American reserves of crude oil; analysis  note that the prices increasing for four consecutive days challenges the “basic market factors”

The prices dropped steeply until the Russian crude oil pipeline to China was interrupted for electrical technical difficulties, noting that the pipeline is expected to be restored within 24 hours.

(Reuters)