Open Demo Account
Home / Market Update / Oil Maintains Rising Rally on Inventories Draw

Oil Maintains Rising Rally on Inventories Draw

M. Ali 25 September, 2020 12:30 am Market Update

Oil prices closed higher on Thursday, following a decline in US crude inventories, as shown by recent data.

Brent futures for November delivery increased by 17 cents, or 0.4%, and finished at $41.94 per barrel.

Meanwhile, the West Texas Intermediate (WTI) futures for November delivery settled higher by 38 cents, or about 1%, at $40.31 per barrel.

Tags

Check Also

Bitcoin Bounces Back to $74K as Iran Ceasefire Extension Lifts Risk Appetite: But $82K Peak Feels Far Away

Key Takeaways Bitcoin rebounds: The world’s largest crypto rose 0.8% to $73,736.6 after sliding near …

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