the Price of oil world crude tends to rise on the morning of this Tuesday (30/6) Indonesia time. this Increase was supported by economic data from Asia and Europe showed improvement.

economic Data that curbed the drop in oil prices the impact of concerns a new case of a positive corona virus that continues to grow. Data Worldometers shows the total cases infected Covid-19 in the world to achieve 10.401.169 this morning.

Based on the data Bloomberg at 06.53 PM, the price of Brent contract for delivery in August 2020 rose 1.68 percent to$ 41.71 a barrel. While the price of oil type West Texas Intermediate (WTI) for August delivery contract 2020 increased 0.15% to US$ 39,76 per barrel.

this Article has been published in with the title of "Rising Oil Prices Sustained Improvement of Economic Data from Asia and Europe" ,
Author: Verda Nano Setiawan
Editor: Desy Setyowati