Oil prices rose, in trading today, Friday, amid fears of a possible shortage of supplies, after the decision of countries in “OPEC +” to reduce production.
US West Texas Intermediate crude futures were trading at 09:20 Moscow time, at $82.46 a barrel, an increase of 0.37% from the previous closing price.
Brent crude futures were traded at $86.32 a barrel, an increase of 0.27% from the previous settlement price, according to Bloomberg agency data.
Despite the decline in prices yesterday by 1.3% for US crude and by 1.4% for “Brent” crude, black gold prices tend to end the week on the rise.
This article was originally published by RT.