Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.
Disclaimer: Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.
The OPEC+ meeting cancellation led to an increase in oil prices
July, 06 2021
On Tuesday, Brent crude prices started to rise and hit their highs since 2018 at $77.80 a barrel. WTI futures rose to $76.76 a barrel, having previously peaked at $76.77 since October 3, 2018.