Brent futures increased by 4.23% to $ 65.48, and WTI rose 4.65% – up to $ 62.35 per barrel.
Oil prices increased by more than 4%, which led from a four minimum minimum at the beginning of the session. This happened immediately after US President Donald Trump said he would continue to increase duties for China, but suspend the duties he announced last week for most other countries.
Brent futures increased by $ 2.66, or 4.23%, up to $ 65.48 per barrel. WTI Futures increased by $ 2.77 (4.65%), up to $ 62.35 per barrel.
Both contracts lost about 7% at the beginning of the session before the turn.
Remember, on the eve of the Ice Futures London Exchange, June’s futures in various Brent oil fell $ 4.03 (6.42%) up to $ 58.72 per barrel. And the Mayo Futures for the WTI brand fell at the price of $ 4.02 (6.75%) up to $ 55.56 per barrel.
Earlier it was reported that the situation in financial markets was clearly climbed after US President Donald Trump postponed the introduction of 90 days of duties against other countries.
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Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.