Global Oil Prices Rise to US$66.97 per Barrel (Monday, May 24, 2021)

Yosepha Pusparisa 24/05/2021 11:31 WIB

Bagikan URL has been copied

Memuat...

Crude oil prices rose in trading on Monday, May 24, 2021. Brent crude increased by 0.86% to US$66.97 per barrel as of 10:20 WIB. WTI also strengthened to US$64.14 per barrel.

Global Crude Oil Price (May 24, 2021, 10:20 WIB)

A Font Kecil
A Font Sedang
A Font Besar

Access single data

Global Oil Prices Rise to US$66.97 per Barrel (Monday, May 24, 2021)

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 Price (May 24, 2021, 10:20 WIB)

Download

Source

A Small
A Medium
A Bigger

Crude oil prices rose in trading on Monday, May 24, 2021. Brent crude rose 0.86% from the previous trading day, reaching US$66.97/barrel by 10:20 WIB. West Texas Intermediate (WTI) strengthened to US$64.14/barrel, up 0.79%.

According to a senior analyst at Price Futures Group in Chicago, traders bought crude oil in anticipation of potential production shutdowns ahead of the weekend. This occurred after a storm hit the Gulf of Mexico, contributing to the surge in global oil prices, as quoted by Antara.

Furthermore, the expiration of the Iran nuclear monitoring agreement also underpinned the strengthening oil prices. This is because the situation raises doubts about the possibility of dialogue that could end US sanctions on Iranian crude oil exports.

Editor : Aria W. Yudhistira

"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."