At the close of this Wednesday, March 6, Brent crude oil reached USD 82.83, which according to oil industry specialists represents an increase of 0.25 %.

Among the factors that favor this upward trend is the current positive macroeconomic scenario, so analysts consider that the trend could continue in the coming days.

In the opinion of Fawad Razaqzada, analyst at Forex.com and City Index, the weakness of the dollar for this March 6, in addition to the increase in demand for crude oil above expectations, were drivers of this increase.

At the same time, the market was positively energized by the announcements of the annual growth of the Chinese economy.

M.Pino

Source: finanzasdigital

(Reference image source: Delfino Barboza at Unsplash)

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La entrada Brent crude oil rose 0.25 % apareció primero en Bitfinance.