New York-SANA Oil prices rose nearly 2 percent to their highest levels in more than eight months todayNew York-Sana
Oil prices rose about two percent to their highest levels in more than eight months today, as data showed a surprising decline in US crude stocks.
According to Reuters, Brent crude rose 75 cents, equivalent to 1.6 percent, to determine the settlement price at $ 48.61 a barrel, its highest level since early March.
US West Texas Intermediate crude closed at its highest price since e
New York-Sana
Oil prices rose about two percent to their highest levels in more than eight months today, as data showed a surprising decline in US crude stocks.
According to Reuters, Brent crude rose 75 cents, equivalent to 1.6 percent, to determine the settlement price at $ 48.61 a barrel, its highest level since early March.
US West Texas Intermediate crude closed at its highest price since early March as well, increasing 80 cents, or 1.8 percent, to record $ 45.71 a barrel.