WEB DESK: There has been a four percent increase in global crude oil prices.
According to the sources, this increase occurred following OPEC Plus’s decision to maintain the production increase at the level seen in the past two months for July.
Yesterday, the price of Brent Crude Futures rose by $2.28 (or 3.6%) to $65.06 per barrel, while the US West Texas Intermediate (WTI) crude oil increased by $2.99 (or 4.9%) to trade at $63.78 per barrel.
Currently, the price of Brent Crude is at $64.90 per barrel, and WTI crude is at $62.86 per barrel.
