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Brent prices climb 1% to 3-week high
Financial Express Hyderabad
|December 14, 2024
OIL PRICES EDGED up about 1% to a three-week high on Friday on expectations additional sanctions on Russia and Iran could tighten supplies, while lower interest rates in Europe and the US could boost demand for the fuel.
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Brent futures rose 67 cents, or 0.9%, to $74.08 a barrel, while US West Texas Intermediate (WTI) crude rose 79 cents, or 1.1% to $70.81. Both were headed for their highest c
This story is from the December 14, 2024 edition of Financial Express Hyderabad.
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