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Commodities: oil prices up slightly

27/01/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Thanks to solid American economic data and increased hope that the reopening of the Chinese economy will stimulate demand, oil prices recorded today Rsquak; today a slight increase.

U.S. crude gained 21 cents to $81.22 per barrel, a gain of 0.3%, while Brent futures gained 30 cents, or 0.3%, to $87.66 per barrel at 0113 GMT. Both benchmarks had gained more than 1% on Thursday. Brent will see its second weekly rise if the gains continue. Crude oil prices were supported by strong demand for jet fuel and diesel, with supplies remaining tight.

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