World oil prices are rising amid news from China and the United States
World oil prices are rising amid expectations of increased demand in the Asian and American markets, according to today's trading data, writes the Analytical publishing"Prime".
Tuesday morning, according to traders, began with the growth of the Brent brand, price of which rose to $85.02, and for the WTI brand - to $80.06. The increase in cost is due to news from the United States, where the production of gasoline and diesel fuel at the two largest plants — Motiva Port Arthur and Marathon Galveston Bay was completely stopped.
And the anti-covid concessions announced by the Chinese government, which will take effect from January 8, will significantly increase the demand for hydrocarbon raw materials.
In the middle of the month, the price of Brent dropped to $75, WTI - to $ 77.
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