Oil prices rose by more than 1% on strong demand, offsetting higher OPEC+ production and uncertainty over US tariffs.
Raluca Ioana Draghici
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Oil prices were up more than 1% on Monday, with Brent crude reaching $69.16 a barrel and WTI at $67.39, supported by strong market demand. OPEC+ announced a 548,000 barrels/day production increase for August, but actual growth remains modest. Trade and geopolitical tensions, including new tariffs announced by the US and attacks in Yemen, continue to affect the oil market.
Sources
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida unei producții mai mari a OPEC+
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale
Preţurile petrolului au crescut luni cu peste 1%, pe fondul unei cereri puternice, în pofida creşterii producţiei OPEC+ şi a incertitudinilor comerciale
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