Oil prices increase globally in the first week of August

Jordan

Published: 2020-08-10 15:16

Last Updated: 2020-08-10 15:16


Oil prices increase globally in the first week of August
Oil prices increase globally in the first week of August

Oil prices rose slightly in the first week of August compared to July, according to the Ministry of Energy and Mineral Resources.

Gasoline Octane 90 reached a price of $381.30 per ton in August compared to $380.30 of the previous month – a percentage increase of 0.3%. Meanwhile the price of Gasoline Octane 95 fell from $397.90 per ton to $395.30 – a percentage decrease of 0.7%.

Furthermore, the price of diesel dropped by 1.6% from $370.90 per ton to $365.10. However, the price of Kerosene increased by 0.2% from $343.60 per ton to $344.20.

The price of fuel oil rose by 1.7% from $247.70 per ton in July to $251.80 per ton in the first week of August.

The price of liquefied petroleum gas increased to $350.00 per ton in August, compared to $345.00 per ton in July.

Additionally, the price of Brent crude rose from $43.40 per barrel in July to $44.70 per barrel in the first week of August