The price of a barrel of crude oil closed higher for the second day running, at $82.66, according to data from Mozambique’s energy regulator. This represents an increase of 1.22% compared to the previous session.
The opening value of the barrel was $81.77. During the day, the maximum price reached was $82.75, while the minimum was $81.25.
These figures reflect the current upward trend in crude oil prices, driven by several factors, including the decline in crude oil inventories in the United States, China’s economic stimulus efforts and geopolitical tensions in the Middle East.
The evolution of crude oil prices has a direct impact on fuel prices and, consequently, on people’s cost of living. It is important that consumers are aware of these changes and look for ways to minimize their impact on their budgets.
