Brent crude oil price surpassed $70 per barrel on Thursday for the first time since September. This increase indicates a recovery in demand amid easing pandemic-related restrictions. Analysts note that the market is responding to positive economic signals from China and the USA. Experts predict further price strengthening in the coming months.
Brent Crude Oil Price Surpasses $70 Per Barrel
Brent crude oil price surpassed $70 per barrel on Thursday for the first time since September. This increase indicates a recovery in demand amid easing pandemic-related restrictions. Analysts note that the market is responding to positive economic signals from China and the USA.