2023-10-11 04:24:49
Oil prices maintained most of the gains recorded last Monday, as the repercussions of the war between Israel and Hamas continue to be contained, and Saudi Arabia pledges to help ensure market stability.
The price of West Texas Intermediate crude oil approached $86 per barrel in trading following oil renewed its rise due to the risks resulting from the war, on Monday, in the wake of the surprise attack launched by Hamas last weekend.
In a related context, Saudi Arabia affirmed its support for the efforts of the OPEC+ alliance aimed at achieving balance in the oil markets, and its support for “everything” that may help enhance the growth of the global economy, according to the country’s official news agency.
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