17 January 2022

Oil up over tight supply, reduced fears of omicron impact Related news


ANKARA Oil prices increased on Monday over sustained, tight supply and on investor hopes that the omicron variant will not unduly reduce global demand. International benchmark Brent crude was trading at $86.43 per barrel at 0636 GMT for a 0.43% increase after closing the previous session at $86.06 a barrel. American benchmark West Texas Intermediate (WTI) was at $83.72 per barrel at the same time for a 0.50% rise after trade in the previous session ended at $83.30 a barrel. Market tightness, [...]