Oil rigs
Oil prices rose on Tuesday, with Brent crude crossing the $69-mark, after the US Food and Drug Administration (FDA) granted full approval to the Pfizer/BioNTech COVID-19 vaccine.
Health officials hope the action will convince more people that the shot is safe and effective, which may contribute to reducing the outbreak of the virus and stabilizing the economy.
The international benchmark Brent crude was trading up 0.6% at $69.13 per barrel, at 9.00 am Makkah time.
WTI crude rose 0.5% to $65.95 per barrel.
The American Petroleum Institute will release the preliminary data on US crude inventory for the past week later today.
Argaam Investment Company has updated the Privacy Policy of its services and digital platforms. Know more about our Privacy Policy here.
Argaam uses cookies to personalize content, to provide social media features and analyze traffic, that we might also share with third parties. You consent to our cookies if you use this website
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}