Oil prices touch $ 64 a barrel
-
Oil prices touch $ 64 a barrel
Oil prices touch $ 64 a barrel
economy
Since 2017-11-10 at 09:36 (Baghdad time)
Baghdad Mawazine News
Oil prices rose nearly 1 percent, boosted by supply cuts from two main sources and concern over political developments in Saudi Arabia.
The market was also supported by data showing a rapid decline in global oil inventories in October due to OPEC-led production cuts.
London's benchmark Brent crude rose 44 cents, or 0.7 percent, to settle at $ 63.93 a barrel, just shy of a record high of $ 64.65 since June.
US benchmark WTI futures rose 46 cents, or 0.8 percent, to $ 57.27 a barrel, remaining close to a two-year high of $ 57.69 this week.
Link
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules