Brent futures traded near US$102 a barrel. There have been a deluge of bullish headlines recently, with Saudi Arabia suggesting that OPEC+ could intervene if prices drop too far. US inventories fell last week as the country exported its highest-ever volume of crude and refined products with consumers across the globe rushing for supplies.
The higher prices follow a bout of weakness as concerns over the global economy continue to rip through markets. A surge in prices, including for other energy commodities such as natural gas, is threatening to push nations around the world into recessions, which would put a severe dent on demand. Any return of Iranian oil supplies would only exacerbate the situation.
لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر: