14.
01.22
16:51

Oil prices continue to recover

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The North Sea variety Brent is currently trading at $ 84.34, around 1.46% higher than yesterday's Thursday. After the decline in oil prices with the advent of the Omikron variant, prices continue to recover. WTI is also in the green today with a plus of 1.50%. Consumption has decreased less than was expected by the market with the arrival of the new Corona variant. The price is also being driven in the short term by the hope of many market participants and stock exchange traders for continued high demand for raw materials overall. The OPEC + recently decided to increase the daily output. In the USA in particular, however, oil stocks are declining and petrol stocks are also declining, which is providing additional support to the crude oil markets.

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