Tuesday, 02 January 2024 12:17 GMT

Brent crude hit 49 percent rise


(MENAFN) Brent crude hit 49 percent rise to reach USD110.39 per barrel as the demand on fuel us expected to rise, according to The Daily Star. The world's oil consumption is expected to grow significantly as the US, China, and the euro zone's manufacturing activities accelerated lately. JBC Energy reported: "Over the last couple of days, more and more signals have emerged pointing to an improving economic situation in the U.S."

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