Prices for Brent and WTI crude oil have once again reached their levels recorded at the beginning of the year. The market is again witnessing stability, after a sharp drop in prices as a result of the pandemic.
Oil prices have rebounded to levels that were fixed at the beginning of 2021. This is associated with the gradual recovery of global oil demand.
"We see that the demand for oil is starting to rise again, which contributes to the stabilization of prices in the market," the expert commented.
The economic expert also noted that the stabilization of oil prices is a positive signal for the global economy.
