HomeBusinessThe increase in crude oil prices on the world market cannot be...

The increase in crude oil prices on the world market cannot be stopped.

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WASHINGTON (Daily Pakistan Online) Oil prices are rising again in the global market.

According to reports, crude oil prices continue to increase in the global market. Brent crude rose 18 cents, or 0.2%, to $88.20 a barrel. Meanwhile, West Texas Intermediate crude rose 13 cents, or 0.2%, to $82.94 a barrel. The U.S. Energy Information Administration’s (EIA) weekly supply report shows gasoline stocks falling less than expected. Meanwhile, refined oil reserves increased compared to expectations that they would decrease. This reflects decreased demand.

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