Oil prices up on estimated fall in US crude stocks

Economy
  • 25-02-2025, 09:35
    • +A -A

    INA-source
    Oil prices rose on Wednesday on a larger-than-expected drop in US crude oil inventories and positive outlooks from OPEC+ over oil demand in 2021.
     
    International benchmark Brent crude was trading at $64.41 per barrel at 0611 GMT for a 1.16% increase after closing Tuesday at $63.67 a barrel.
     
    American benchmark West Texas Intermediate (WTI) was at $60.99 per barrel at the same time for a 1.34% increase after it ended the previous session at $60.18 a barrel.
    Source- aa

Related news

Oil prices end mixed as attention turns to OPEC+ decision on crude production

  • Economy
  • 10:16

Oil prices decline with strong dollar, US debt uncertainty

  • Economy
  • 09:22

Asian markets rise after Wall Street rebound amid sanctions against Russia

  • Economy
  • 09:42