Oil prices rose today, Sunday 4-25-2021, with the beginning of the week’s trading, as the price of a barrel of Brent crude recorded $ 66.11 according to futures contracts, compared to $ 65.77 per barrel at the end of last week.
US West Texas Intermediate crude prices increased to $ 62.14 a barrel, compared to $ 61.89 a barrel.
International reports revealed that the continued recovery of oil prices comes in light of the increase in demand in America and China, despite the negative economic impact that the Corona crisis imposed on global economies, and the reports confirmed that this recovery comes with expectations of the success of vaccinations for the Corona virus, which may restore life to normal.
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