Open Demo Account
Home / Market Update / Commodities / Oil Prices Finish Higher

Oil Prices Finish Higher

M. Ali 25 August, 2020 11:44 pm Commodities, Market Update

Oil prices closed higher on Tuesday, continuing to gain support from output disruptions due to weather conditions at the Gulf of Mexico.

West Texas Intermediate (WTI) finished higher by 73 cents at $43.35 per barrel, or its highest level since March 5.

Meanwhile, the global benchmark Brent crude futures for October delivery increased by 73 cents to settle at $45.86 a barrel.

Tags

Check Also

European Stocks Plunge as U.S.-Iran Hormuz Clashes Shatter Peace Hopes — IAG Slumps on Fuel Cost Warning

Key Takeaways Broad-based decline: The Stoxx 600 slipped 0.77%, Germany’s DAX dropped 0.90%, France’s CAC …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends