Recent Trends in Uzbekistan Fuel Prices
Published
Before this, fuel prices had been decreasing for several weeks
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On Friday, February 14, the cost of oil rose after three consecutive weeks of decline, as reported by Reuters.
Brent crude prices increased by 19 cents, reaching $75.25 per barrel, while West Texas Intermediate (WTI) rose by 12 cents to $71.41.
Analysts attribute this price rise to an increase in demand for oil. The situation has been influenced by former U.S. President Donald Trump‘s plans to raise trade duties.
Kursiv Uzbekistan also reports that Iran had boosted its oil exports to Uzbekistan by 18%.