Global Oil Prices Rise to US$65.17 per Barrel (Monday, April 26, 2021)

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Yosepha Pusparisa 26/04/2021 10:48 WIB

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Global crude oil prices rose on Monday, April 26, 2021, reaching US$ 65.17 per barrel for Brent crude by 10:06 WIB. WTI crude oil prices remained unchanged from the previous trading session, at US$ 6

Global Crude Oil Price (April 26, 2021, 10:06 WIB)

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Global Oil Prices Rise to US$65.17 per Barrel (Monday, April 26, 2021)

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Global Crude Oil Price (April 26, 2021, 10:06 WIB)

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Global oil prices fell slightly on Monday, April 26, 2021, until 10:06 WIB. Brent crude traded at US$65.17 per barrel, down 0.02% from the previous trading session. Meanwhile, West Texas Intermediate (WTI) crude oil remained unchanged at US$61.92 per barrel.

Citing Reuters, the slight drop in oil prices is overshadowed by concerns over rising coronavirus infections in India and Japan. These two countries are the third and fourth largest oil importers in the world. A new wave of COVID-19 could severely impact oil demand in Asia.

Indian Prime Minister Narendra Modi urged his citizens to get vaccinated while remaining vigilant. Meanwhile, a third state of emergency is in effect in Tokyo, Osaka, and two other prefectures, all facing a surge in COVID-19 cases. This situation occurs three months before the Tokyo Olympics.

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."