Exchanges
The oil price rises
Growing market concerns about oil supply. Factors driving this increase include drone attacks on oil infrastructure in Russia and adverse weather conditions in the United States.
2/20/2025
The price of West Texas Intermediate (WTI) crude oil peaked at USD 72.80 per barrel on 19 February 2025 and closed at around USD 72.05 per barrel. This increase marks the highest level since the previous week.Drone attacks have significantly affected Russian oil production and exports and caused uncertainty on the international markets. Russia is…
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