Al-Marsad newspaper – agencies: Oil prices continued to rise, today, Thursday, supported by strong demand in the United States, the largest consumer in the world, while demand in China is expected to recover with the easing of restrictions to combat the Corona virus in major cities.
Brent crude futures for August delivery rose 50 cents, or 0.4%, to $124.08 a barrel, while US West Texas Intermediate crude for July delivery rose 38 cents, or 0.3%, to $122.49 a barrel.
The two benchmarks closed yesterday, Wednesday, at their highest level since the eighth of March, recording levels seen in 2008.
