Oil Prices Rise Further Due To Concerns Over Middle East Supply
Category: General
Thursday saw an increase in oil prices, building on the substantial gains from the preceding session. Brent crude climbed 38 cents, or 0.5%, reaching $78.63 per barrel by 0440 GMT. Meanwhile, U.S. West Texas Intermediate crude futures experienced a 52-cent rise, or 0.7%, reaching $73.22, as reported by Reuters.
Both benchmarks registered approximately a 3% increase, settling higher on Wednesday for the first time in five days.
04 Jan, 2024
0
606
Posted Comments
Related News