Open Demo Account
Home / Market Update / Commodities / Oil Ends on Mixed Note Amid Recovery Concerns

Oil Ends on Mixed Note Amid Recovery Concerns

M. Ali 9 December, 2020 1:42 am Commodities, Market Update

Oil prices showed a mixed performance on Tuesday, amid increasing concerns about the rising number of Coronavirus cases.

Brent crude futures for February delivery rose by 0.10% and finished at $48.84 per barrel.

Meanwhile, the West Texas Intermediate (WTI) crude futures for January delivery declined by 0.4% and settled at $45.60 per barrel.

Earlier today, data showed a rise in OPEC production of crude oil last month to its highest level in about six months.

Tags

Check Also

AUD Plummets to Five-Year Low as China’s Tariff Bombshell Rocks Global Markets

In a dramatic twist of global economic fortunes, the Australian dollar has crashed to its …

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