Morning trading is witnessing…a significant rise in global oil prices, and the reason is strange!!

Morning trading on the thirteenth of March witnessed a significant rise in the prices of global oil crudes, as global demand increased suddenly in recent hours amid reports indicating a decline in global inventories in the United States of America.

This reached the price of one barrel of global standard Brent crude $82.28 per barrel, an increase of 0.44%, which is equivalent to 36 cents.

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On the other hand, the price of futures contracts for US West Texas Intermediate crude for next April reached 77.94 US dollars per barrel, an increase of 0.50%, equivalent to 38 cents.

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