Crude oil prices rose at the end of today’s trading, to continue the gains achieved in the previous session.
Brent crude futures rose 53 cents, or 0.7%, to settle at $78.65 a barrel.
US West Texas Intermediate crude also rose 39 cents, or 0.5%, to settle at $73.20 a barrel.
Oil prices rose at the end of trading yesterday, “Monday,” by more than three dollars, in light of the receding fears about a crisis in the global banking system, after the “First Citizens Bankers” announced its intention to acquire the deposits and loans of the collapsed American “Silicon Valley” bank. , thus concluding a chapter of a crisis of confidence that caused turmoil in global financial markets.
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