Oil prices rise on Mideast tensions; crude stock build caps gains - Business News, Finance News, Share Market News - Market trendz

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Thursday, 5 August 2021

Oil prices rise on Mideast tensions; crude stock build caps gains

Brent crude oil futures rose by 14 cents, or 0.2%, to $70.52 a barrel by 0132 GMT, while US West Texas Intermediate (WTI) crude futures increased by 18 cents, or 0.3%, to $68.33 a barrel. Both benchmarks fell by more than $2 a barrel on Wednesday.

from Commodities-Markets-Economic Times
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