Fetching News Details

Oil prices rise over supply outlook
Aug. 24, 2018
Source: Reuters

Oil prices rise over supply outlook

Reports that US sanctions, which kicked in on Aug 4, have started reducing global crude supply, sent oil prices higher today. Brent crude oil LCOc1 rose to $75.33 a barrel while U.S. WTI light crude CLc1 was priced higher at $68.33 per barrel. Talks between U.S. and Chinese officials intended at resolving trade dispute, however, had the market sit cautious. The talks ended yesterday with no major breakthrough.

   Read More About : Brent Price China Oil Prices US WTI
⬅ all news

Please Login to Save News for Later