Oil reaches the highest price in 2019
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Oil reaches the highest price in 2019
Admin Fri Feb 15, 2019 9:14 am
World crude oil prices rose Brent to a record high of 2019, above $ 65 a barrel on Friday, supported by OPEC-led production cuts.
Brent rose to $ 65.10, the first time it was above $ 65 this year, before retreating to $ 64.77 by 06:23 GMT, up about 0.3 percent from the previous settlement.
The benchmark is nearing its highest level in three months and is heading for a weekly gain of 4.5 percent this week.
US West Texas Intermediate crude futures were $ 54.56 a barrel, up 15 cents, or 0.3 percent, from the previous settlement.
The contracts had reached the highest level in 2019 at 64.81 dollars earlier.
http://www.shafaaq.com/ar/Ar_NewsReader/f99fda8f-451b-4647-9f96-9a4428528c7a
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