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Oil Prices Surge as Global Demand for Black Gold Shows Signs of Recovery

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Rising Oil Prices Indicate Potential Global Demand Recovery

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Oil prices continued to increase in trading today, Friday, suggesting a potential recovery in global demand for oil.

According to Bloomberg, as of 09:20 Moscow time, the price of American oil futures rose by 0.82% to $90.90 per barrel, while global futures for Brent oil increased by 0.76% to $94.41 per barrel.

Yesterday, oil prices surpassed $94 per barrel, reaching their highest level since mid-November.

Source: RT+Bloomberg

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