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The world oil prices revived their growth

January 09, 2022 | 01:10 |6909
Global average prices for black gold have started to grow steadily over, according to trading data on major commodity exchanges. On the ICE London, the cost of a barrel of Brent crude oil exceeded $82.Global average prices for black gold have started to grow steadily over, according to trading data on major commodity exchanges. On the ICE London, the cost of a barrel of Brent crude oil exceeded $82.
Source:

Global average prices for black gold have started to grow steadily over, according to trading data on major commodity exchanges. On the ICE London, the cost of a barrel of Brent crude oil exceeded $82.

Earlier in November, prices for black gold fell sharply after information about the spreading of a new strain of coronavirus "omicron" in the world. Traders predicted a decline in demand for hydrocarbons due to the resumption or tightening of restrictions related to COVID-19. The projections weren’t achieved.

In January, it became known that OPEC retained plans to increase oil production by 400 thousand barrels per day. At the same time, the number of people hospitalized due to "omicron» in the world was not as large as expected, which "calmed" the markets, and hydrocarbon prices resumed growth.

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