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Hydrocarbon: oil is on the rise

09/01/2026
Source : ORISHAS FINANCE
Categories: Raw materials

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Because of concerns about a possible disruption of Iranian production and uncertainty concerning the supply from Venezuela, oil prices have increased on Friday.

The price of Brent was up by 43 cents, or 0.7%, at $62.42 per barrel at 11:06 GMT, while crude oil American West Texas Intermediate (WTI) was up 41 cents, or 0.7 %, to 58.17 dollars.

The two indexes of Benchmarks rose by more than 3% on Thursday, after two consecutive days of drop. Over the week, Brent is expected to gain 2.8%, while WTI increased by 1.5%.

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