UNITED STATES (VOP TODAY NEWS) — The price of Brent crude, $ 69 a barrel, exceeded for the first time since November 13, 2018, according to stock exchange data.
The Brent crude futures contract rose 2.15% to $ 69.03 a barrel at 17:15 GMT. WTI crude for May delivery rose 2.36% to $ 61.56 a barrel.
The main factors behind the rise in oil prices on Monday were the return of risk to markets, as well as initial production data from OPEC countries in March.
According to a survey conducted by the agency “Reuters”, the countries participating in the “OPEC +” cut oil production in March to a four-year low.
This article is written and prepared by our foreign editors writing for VOP from different countries around the world – edited and published by VOP staff in our newsroom.
Support The VOP from as little as $1 – it only takes a minute. Thank you.
We are the Voice of People — the only funding and support we get from people – we are categorically not funded by any political party, any government somewhere or from any grouping that supports certain interests – the only support that makes VOP possible came from you.
VOP Today News — Breaking news source, real-time coverage of the world’s events, life, politics, business, finance, economy, markets, war and conflict zones.
Contact us: email@example.com