Oil prices rise to more than $ 85 a barrel
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According to Fars News Agency’s International Economics Group, the price of crude oil in the world markets increased significantly today. Brent oil increased by $ 1.15 per barrel and was traded at $ 85.60.
West Texas Intermediate crude was up $ 1 at $ 83.13 a barrel. Reuters also wrote that the price of futures oil also increased today. The price of this black gold has increased by 5% in recent days.
Crude oil prices also rose after the dollar recorded its biggest weekly decline in a year, making it easier for buyers of other currencies to maintain the value of the dollar, according to the report. Is delayed.
The devaluation of the dollar makes it easier to buy commodities bought in other currencies, demand increases and prices rise.
In the group of other petroleum products, gasoline increased by $ 3 and 15 cents per gallon and traded at $ 241 and 50 cents. Fuel and diesel also increased by $ 3 and $ 15, respectively.
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