Oil Prices Rise 1% After Three Weeks of Losses

Oil prices rose by about 1% at the start of trading on Monday.

According to Bloomberg News, Brent crude futures increased by 72 cents to reach $71.30 per barrel, while West Texas Intermediate (WTI) crude futures rose by 72 cents to reach $67.90 per barrel.اضافة اعلان

Oil prices had seen a slight increase last week, ending a three-week losing streak, due to concerns about a global economic slowdown driven by escalating trade tensions between the United States and other countries.

--(Petra)