Open Demo Account
Home / Market Update / Commodities / Oil Rises to Highest Level in Two Months

Oil Rises to Highest Level in Two Months

M. Ali 19 November, 2020 2:02 am Commodities, Market Update

Oil prices rose on Wednesday, closing at their highest level since early September, supported by an improved outlook due to recent developments in Coronavirus vaccine research.

Brent crude futures for January delivery rose by 59 cents, or 1.4%, to finish at $44.34 per barrel.

Meanwhile, the West Texas Intermediate (WTI) crude futures for December delivery added 39 cents, or 0.9%, and closed at $41.82 per barrel.

Tags

Check Also

French Political Crisis Deepens as Lecornu Government Collapses Within Hours

France was plunged into fresh political turmoil on Monday after newly appointed Prime Minister Sébastien …

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