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Oil prices increase slightly
Energy
- 06 February, 2024
- 09:08
Oil prices have increased slightly, Report informs.
Brent oil futures rose by 20 cents, to $78.19 per barrel, and WTI oil futures grew 20 cents, to $72.98 per barrel.
Both contracts rose nearly 1% on February 5, their first gain in four sessions.
The market is focused on US Secretary of State Antony Blinken’s visit to the Middle East, which is trying to achieve a truce between Israel and the radical Palestinian group Hamas.
The latest round of conflict in this region has created risks for Middle Eastern oil supplies.
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