Home / Market Update / Commodities / Oil Futures Maintain Rising Trend

Oil Futures Maintain Rising Trend

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.

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 …