GNN on Google Play Store GNN on Apple App Store
Connect with us

Business

Oil prices increase in int’l market

Brent crude futures were up by 07 cents, or 0.07 percent to settle at $82.46 per barrel.

Published

7 months ago

on

By

Oil prices increase in int’l market
Oil prices increase in int’l market

Moscow: The rising tensions in the Middle East pushed oil prices higher again.

According to reports, oil prices have recorded a rise again on Tuesday after falling more than one percent in the previous session.

Brent crude futures were up by 07 cents, or 0.07 percent to settle at $82.46 per barrel. While US West Texas Intermediate crude was up by 15 cents, or 0.31 percent and settled at $76.93 a barrel.

It is pertinent to note that United States has vowed to take all necessary measures to defend its troops after a deadly drone attack by militants in Jordan, and if tensions between the United States and Iran increase, it will affect Iran's oil supply.

In such a situation, experts have shown the possibility of further increase in oil prices.

Continue Reading

Trending