The price of Brent crude oil index reached 58.34 $ per barrel today at 8:09, and the US WTI index reached 52.60 $.
According to the Shana, Reuters reported that the price of Brent crude oil index reached 57.75 $ per barrel today on Tuesday, and the US WTI index reached 52.5 $.
Oil prices rose about 1 percent on Wednesday, and the Brent crude index rose for the seventh consecutive day because reduction in new cases of Corona Virus in China boosted optimism and new Venezuelan anti-oil exports measures raised concerns about supply.
“Cutting off this supply route to Asia will partially increase the price of oil” said Stephen Innes, an expert at the Axicorp Institute, referring to a boycott of a Russian subsidiary of Rosneft Company that traded Venezuelan crude oil.
