Oil prices rose from a three-week low during Tuesday's trading, amid expectations that gains will remain limited in light of the outbreak of the delta strain of the Corona virus.
China announced, on Monday, the highest daily infection rate with the Corona virus during the new wave that is hitting the country at the present time, which is the first since the outbreak of the pandemic at the end of 2019 .
The financial analysis company (ANZ) confirmed in statements quoted by Reuters, that what is happening in China is already putting pressure on mobility, noting the decline in the seat occupancy rate on China Airlines board 32% in a week.
While Vandana Hari, founder of (Vanda Insights), said in statements reported by Bloomberg Agency, that China's policy of reaching the zero-injury level indicates that restrictions may continue. , which undermines the consumption of ore.
In terms of today's trading, Brent crude futures for October delivery rose by 1.2% to $69.73 a barrel.
The US NYMEX crude contracts for September delivery also rose 1.4% at the level of $67.44 a barrel.
