Home / Business / WDH / oil prices rise slightly – calm Saudi and IEA | 09/19/19

WDH / oil prices rise slightly – calm Saudi and IEA | 09/19/19



(Fixed a typo in the second paragraph.)

SINGAPORE (dpa-AFX) – Oil prices rose slightly on Thursday at the start of trading. In the morning, a barrel (159 liters) of North Sea Brent cost $ 63.72. It was 12 cents more than on Wednesday. The price of a barrel of the American West Texas Intermediate (WTI) variety increased by 17 cents to $ 58.28.

Following the escalation following the drone attacks against Saudi Arabia over the weekend, the situation in the oil market has calmed down a bit. Since Tuesday, prices have fallen in the trend, but they are still higher than before the attack. Saudi Arabia and the International Energy Agency (IEA) seem to have succeeded in attracting investors and investors.

According to the state-owned oil company Saudi Aramco, oil production in the affected large-scale plant has been restored by about 40 percent. The full capacity should be available again by the end of September. At the same time, the IEA referred to the huge crude oil lists in its member countries, which they estimated to be 1

.55 billion barrels. The global oil market remains well-delivered ./bgf/fbaebrit19659005??(function (d, s, id) {
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