On Friday, the price of oil reached its highest level in nine months, as it is heading to record the seventh consecutive weekly gain, in light of the growing distribution of Covid-19 vaccines despite the increase in the number of Injuries and tightening lockdown measures in Europe.
According to VNBC Arabia, by 1447 GMT, Brent crude was up 50 cents, equivalent to 1%, to $ 52 a barrel, after it rose To the level of $ 52.02, its highest level since March.
and the US West Texas Intermediate crude increased 46 cents to 48.82 dollars a barrel, after touching 48.87 dollars, the highest since February.
Oil was supported this week by US weekly supply data, which showed that crude inventories fell by 3.1 million barrels, a decline that exceeded expectations.
