Crude oil price soared again – barrel over US$ 100

Date:

The price of crude oil in the global market has soared again, marking a barrel of crude oil over US$ 100.

The price of a crude oil barrel was less than US$ 100 in recent days, but has soared over the margin, marking US$ 107 per brent barrel and US$ 104 per WTI barrel.

The crude oil price indicated a promising decline upon the signs of the Russian-Ukrainian war being cooled down, but hopes for a ceasefire have been dashed recently, giving another strike on the prices.

MIAP

Share post:

spot_imgspot_img

Popular

More like this
Related

Treasury Reform Puts Emission Trust Fund at Risk

Sri Lanka’s Vehicular Emission Test Trust Fund (VETTF), a...

Pelwatte at the Forefront as Sri Lanka Plans Dairy Self-Sufficiency

The Government is embarking on a strategic plan on revitalising...

GDP Growth slows in Q1, Industrial Sector keeps Sri Lanka Economy Afloat

Sri Lanka's economy grew by 4.8% in the first...

Sri Lanka Seals Bilateral Debt Deal with France Boosting Economic Recovery

In a major development within Sri Lanka’s external debt...