Brent and Texas oil prices today, July 7: How much does it cost and how much does it cost?

oil prices Recovery after two consecutive losing sessions where the cost It was less than three digits, something not seen Since April of this year.

The price increase due to Investors returned to focus on the lack of supply, despite Fears of a possible global recession persist globally.

Russian oil supplies On the verge of declining as the year progressed and the western portions ran out to hold the fields, The rest of the OPEC countries were not able to increase investment in production capacity. I think $100 Oil Days will be with us for a while.“, Jeffrey Haley, chief market analyst at OANDA According to information collected by TV newscasts.

As proof of this, United State Tightening sanctions on Iran As a way to exert pressure while seeking to revive a Agreement to reduce fuel shortages.

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Brent and Texas oil prices today, July 7: How much does it cost and how much does it cost?

According to the latest update of oil price charts, A popular site with more than 150 indices and global blends of crude oil, This Thursday, July 7th. barrel price Brent crude price at $105.59 at the same time West Texas Intermediate (WTI) is trading at $103.60 a barrel.

Oil prices recorded a An increase of more than four percent compared to the previous day, July 6, When the costs The price of a barrel of Brent crude reached 99.45 dollars, while West Texas Intermediate crude reached 96.81 dollars a barrel, around the same time (1:00 in the afternoon).

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