Oil prices surge on global demand optimism

at-the-midway-sunset-oil-fields-outside-bakersfiel-2022-03-04-02-25-47-utc
(File photo: Jordan News)
AMMAN — Oil prices continued their upward trend in Friday's trading, bolstered by growing expectations of a global resurgence in demand for the black gold.اضافة اعلان

Futures for US crude oil rose by 0.82 percent, reaching $90.90 per barrel, while futures for the global crude oil blend "Brent" saw a 0.76 percent increase, reaching $94.41 per barrel, according to data from Bloomberg, Hala news reported.

On Thursday, oil prices had touched the $94 per barrel mark, marking their highest level since mid-November 2022.


Read more Business
Jordan News