Oil climbs as storm approaches Gulf of Mexico production hub - Business News, Finance News, Share Market News - Market trendz

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Friday 27 August 2021

Oil climbs as storm approaches Gulf of Mexico production hub

US West Texas Intermediate (WTI) crude futures climbed 16 cents, or 0.2%, to $67.58 a barrel at 0111 GMT, clawing back a 1.4% loss on Thursday. WTI is headed for a weekly gain of more than 8%, which would be its strongest rise since early February.

from Commodities-Markets-Economic Times
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