Oil rises after Aramco raises crude selling price - Finance & Business News, Stock Market updates & Reviews | Themarkettrendz

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Sunday, 7 November 2021

Oil rises after Aramco raises crude selling price

Oil prices rose on Monday after Saudi Arabia's state-owned oil producer Aramco raised the official selling price for its crude, suggesting demand remains strong at a time of tighter supplies. Brent crude was up by 90 cents or 1.1% at $83.64 a barrel, after dropping nearly 2% last week. U.S. oil gained 87 cents or 1.1% to $82.14, having declined almost 3% through Friday.

from Commodities-Markets-Economic Times
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