Open Demo Account
Home / Market Update / Commodities / Oil Finishes at Highest Level in a Month
US Oil (
US US Oil

Oil Finishes at Highest Level in a Month

M. Ali 16 April, 2021 12:00 am Commodities, Market Update

Oil prices rose on Thursday for the fourth consecutive session, supported by an improved outlook for demand recovery this year.

Brent crude futures for June delivery added 36 cents, or 0.5%, to close at $66.94 per barrel.

Meanwhile, the West Texas Intermediate (WTI) crude futures for May delivery gained 31 cents, or 0.5%, to finish at $63.46 per barrel.

Both the global and the U.S. crude benchmarks settled at their highest level since March 17.

Tags

Check Also

Sterling Rebounds Following Softer US PCE Data

The Pound Sterling bounces back strongly above 1.3400 against the US Dollar after soft US …

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