The price of fuel oil has increased slightly in the world market. Earlier, oil prices rose slightly due to tensions in the Middle East, but then fell slightly again.
The price of Brent crude rose 34 cents or 0.38 percent to 89.35 dollars per barrel this Friday morning. West Texas Intermediate rose 33 cents, or 0.39 percent, to $83.90. News from Reuters.
Meanwhile, the country’s Treasury Secretary commented that the US economy is in a stronger position than forecast due to the increase in oil prices. US economic growth remains in a strong position, Treasury Secretary Janet Yellen told Reuters.
Earlier, oil prices rose amid tensions between Iran and Israel. But the conflict between the two countries did not increase the price of oil decreased slightly. Although now it has started to increase again.
In response to a Commerce Department report that the US GDP grew by 1.6 percent in the last quarter, he said the US economy is doing very well.
