LONDON (Archyde.com) – It rose oil prices A sharp rise today, Thursday, to continue its rise from the previous session, due to the increasing unrest in oil-producing Kazakhstan and a member of the OPEC Plus alliance, in addition to the interruption of supplies from Libya.
Brent crude futures rose $1.78, or 2.2 percent, to $82.58 a barrel by 14:45 GMT, their highest level since late November.
West Texas Intermediate crude futures rose $2.18, or 2.8 percent, to $80.03, also their highest level since mid-November.
Kazakhstan currently produces 1.6 million barrels of oil per day. There are no indications that crude production has been affected so far.
On the same day, the Libyan National Oil Corporation said that Libyan oil production amounted to 729,000 barrels per day, down from more than 1.3 million barrels per day last year, which was its highest level, due to maintenance work and field closures.
Prices rose despite a rise in US fuel stocks last week.
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