February Begins with a Surge in Global Oil Prices

Market

Lite

Yosepha Pusparisa 02/02/2021 11:05 WIB

URL has been copied

Memuat...

Global crude oil prices rose as of Tuesday (February 2nd) at 10:10 WIB. Brent crude traded at US$56.99 per barrel, while WTI was priced at US$54.14 per barrel.

Global Crude Oil Daily Price (February 2nd, 10:10 WIB)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

February Begins with a Surge in Global Oil Prices

Want to get more access to Data Stories with a more affordable price? Subscribe.

By subscribing, you join us in presenting quality data.

Get:

Premium Data Stories access
Comfortable reading without ads
Download data in XLS, PDF, and image format
Access to data source information

Basic

~~Rp100.000~~

Rp50.000/month

Professional

~~Rp100.000~~

Rp150.000/month

Institutional For organizations

We accept the following payments:

Some payment methods are still in the process of being activated.

Global Crude Oil Daily Price (February 2nd, 10:10 WIB)

Download

Source

A Small Font
A Medium Font
A Bigger Font

Global crude oil prices strengthened on Tuesday (February 2nd) at 10:10 WIB. Brent crude traded at US$56.99 per barrel. Meanwhile, West Texas Intermediate (WTI) also increased to US$54.14 per barrel.

The strengthening oil prices are suspected to be due to dwindling crude oil supplies in the United States (US). Simultaneously, fuel demand has also increased as the US Northeast is experiencing a snowstorm.

The projected decline in stockpiles at the Cushing, Oklahoma, the delivery point for crude oil futures, supported the rise in crude oil prices. Furthermore, ongoing discussions regarding cash stimulus aid on Capitol Hill also boosted oil prices, as reported by Antara.

Editor : Muhammad Ahsan Ridhoi

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."