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High oil prices

2019-08-28T15:56:11.322Z


TOKYO (Reuters) - Oil prices rose on Thursday after a report by the American Petroleum Institute showed a drop in crude inventories


Tokyo-Sana

Oil prices rose today after a report by the American Petroleum Institute showed a decline in crude inventories in the United States.

Brent crude futures rose 59 cents, or 1 percent, to $ 60.10 a barrel.

US West Texas Intermediate crude futures rose 70 cents, or 1.3 percent, to $ 55.63 a barrel.

Data from the American Petroleum Institute showed a sharp decline in crude stocks in the United States last week as imports fell as stocks fell by 11.1 million barrels compared with analysts' expectations of a decline of about 2 million barrels.

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Source: sena

All business articles on 2019-08-28

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