Oil rises ahead of drilling data in United States

Economies.com
2019-06-14 16:19PM UTC

Oil prices rose during today's trading despite the dollar's rise, and the impact of the attack on two oil tankers in the Sea of ​​Oman, ahead of the release of US drilling data today.

 

Two oil tankers had been attacked yesterday in the Sea of ​​Oman, which is raising concerns about tensions in the Middle East, and also in turn reduces supplies.

 

The US administration, led by Donald Trump, accused Iran of being behind this attack, warning Tehran of the consequences of its repeated hostile actions.

 

Baker Hughes will announce later today the number of drilling rigs for crude and natural gas in America.

 

The dollar index (against a number of major currencies) rose by 0.5% to 97.4 points at 16:05 GMT, reaching a high of 97.4 points and a low of 96.9 points.

 

In terms of trading, by 13:59 GMT, West Texas rose by 0.9% to $52.7 prt barrel, the highest price at $52.9 and the lowest at $51.7.

 

Brent climbed 1.4% to $62.1 per barrel, with a high of $62.2 and a low of $60.7.

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