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Oil gains over escalating tensions in the Middle East
Jan. 3, 2020
Source: Reuters

Oil gains over escalating tensions in the Middle East

Oil prices rise higher in the International market on Friday, amidst Middle East tensions. Brent crude futures LCOc1 has jumped nearly $3 to hit a high of $69.16 a barrel which is the highest since Sept. 17. West Texas Intermediate (WTI) crude futures CLc1 climbed 2.9%, to $62.94 a barrel. China’s announcement to keep around $115 billion in funds to support the country's ailing economy also boosted oil prices.

   Read More About : Brent Price Middle East Oil Prices OPEC WTI
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