Open Demo Account
Home / Market Update / Commodities / Oil Futures Maintain Rising Trend

Oil Futures Maintain Rising Trend

M. Ali 7 October, 2020 1:26 am Commodities, Market Update

Oil prices rose for the second consecutive day on Tuesday, amid output disruptions and improved risk sentiment.

Brent crude futures for December delivery added $1.36, or 3.3%, and closed at the level of $42.65 per barrel.

Meanwhile, the US West Texas Intermediate (WTI) crude futures for November delivery finished higher by $1.45, or 3.7%, at $40.67 per barrel.

Tags

Check Also

U.S. Jobless Claims Rise Slightly, Pointing to a Steady but Cautious Labor Market

New filings for U.S. unemployment benefits edged higher last week, but by far less than …

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