Home / Market Update / Commodities / Oil Maintains Gains at Highest Level Since Early March

Oil Maintains Gains at Highest Level Since Early March

Oil prices continued to rise on Wednesday, reaching their highest level in about nine months.

Brent crude futures for January delivery increased by 75 cents, or 1.6%, to finish at $48.61 per barrel.

The West Texas Intermediate (WTI) crude futures for January delivery gained 80 cents, or 1.8%, to close at $45.71 per barrel.

Check Also

Rate Cut Bets Anchor US Stocks Amid Government Shutdown and Tariff Noise

The Dow Jones Industrial Average (DJIA) began the week on shaky ground, briefly slipping after …