WEEKLY ENERGY RECAP: Despite long-term challenges, oil prices remain in healthy range

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Sun, 2021-01-24 00:03

Oil prices have been stable since early January, with Brent crude price hovering around $55. Brent crude closed the week slightly higher at $55.41 per barrel,
while West Texas Intermediate (WTI) closed slightly lower at $52.27 per barrel.

This file photo taken on June 3, 2020 shows an oil refinery in Libya's northern town of Ras Lanuf. Global oil prices have been stable since early January, with Brent crude price hovering around $55.  (AFP)
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