Category: Business

Oil Prices Rise Nearly 1%

New York: Crude prices edged up about 1% on Monday with US futures closing at a five-month high.

Brent futures settled at $87.42 a barrel.

US West Texas Intermediate (WTI) crude rose by 0.7% to $83.71 a barrel.

Both contracts were on track for thei…

Read More

Oil Rises as Investors Bet on Tighter Supply

Singapore, Oil prices rose on Monday, adding to recent gains amid expectations of tighter supply from OPEC+ cuts and as upbeat Chinese manufacturing data supported outlooks for improving demand.

Brent crude rose 29 cents, or 0.3%, to $87.29 a barrel….

Read More