Oil prices will rise

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Oil prices will rise 
Oil prices have begun to rise, following the statement of the Secretary General of OPEC, which has been rethought as a possible reduction in production of raw materials in the world.


According to Enkorr, the cost of a barrel of December oil increased by 1.54% as of October 11, totaling $ 60.01.

"The prices were influenced by OPEC Secretary General Mohammed Barkindo's statement that OPEC + participants at the next December meeting could consider different options for its future.
Market participants saw Barkindo's statement as a signal of OPEC's willingness to further reduce oil production."

It should be reminded that a trade conflict has been going on between Beijing and Washington for 15 months, leading to a downturn in global economic growth.

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