Kyiv.Ukraine.Ukraine Gate \u2013 December 28, 2021- According to stock trading data, oil prices rose slightly on Tuesday, December 28, after a sharp rise the previous day, on the hope of a limited impact of the Corona virus Omicron variable on fuel demand.<\/p>\n\n\n\n
The price of a barrel of Brent February oil by 9:15 in Kyiv was $ 78.28 (+ 0.08%). A barrel of WTI February oil traded at $ 75.65 (+ 0.11%). Preliminary bidding on the benchmarks ended at $ 78.22 and $ 75.57, respectively.<\/p>\n\n\n\n
“Concerns about Omicron around the world are easing, which raises some optimism about demand\u2026 Prices are expected to trade with a positive bias,” said Abhishek Chauhan, head of commodities at Swastika Investmart Ltd.<\/p>\n\n\n\n
According to the British Minister of Health Sajid Javid on Monday, there will be no new restrictions on COVID-19 in England until the end of 2021, as the government is waiting for additional evidence of whether the health service can cope with high rates of infection.<\/p>\n\n\n\n
However, the potential for price increases remained limited after US airlines canceled more than 1,300 flights on Sunday as COVID-19 reduced the number of available crews.<\/p>\n\n\n\n
On Monday, the number of local symptomatic cases of coronavirus in China rose for the fourth day in a row, with Xian reporting new cases of infection, leaving 13 million residents blocked.<\/p>\n\n\n\n
Oil prices have risen by about 50% this year, driven by renewed demand and limited supply by the Organization of the Petroleum Exporting Countries (OPEC) and its allies, a group known as OPEC +.<\/p>\n\n\n\n
Investors are waiting for the OPEC + meeting, at which the alliance will decide whether to continue the planned increase in production by 400 thousand barrels per day in February.<\/p>\n","protected":false},"excerpt":{"rendered":"
Kyiv.Ukraine.Ukraine Gate \u2013 December 28, 2021- According to stock trading data, oil prices rose slightly on Tuesday, December 28, after a sharp rise the previous day, on the hope of a limited impact of the Corona virus Omicron variable on fuel demand. The price of a barrel of Brent February oil by 9:15 in Kyiv […]<\/p>\n","protected":false},"author":11,"featured_media":27150,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[349,438,686,7466,996],"class_list":["post-27148","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-economy","tag-fuel","tag-oil-prices","tag-opec","tag-ukraine"],"_links":{"self":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/27148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=27148"}],"version-history":[{"count":1,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/27148\/revisions"}],"predecessor-version":[{"id":27151,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/posts\/27148\/revisions\/27151"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=\/wp\/v2\/media\/27150"}],"wp:attachment":[{"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=27148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=27148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ukrgate.com\/eng\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=27148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}