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Oil prices rise at the close

2022-08-10T21:14:36.627Z

New York, SANA- Oil prices rose today after recovering from their initial losses, supported by encouraging numbers on demand



New York-Sana

Oil prices rose today after recovering from their initial losses supported by encouraging numbers on gasoline demand.

Reuters reported that Brent crude contracts ended the trading session, up $1.09, or 1.1 percent, to settle at $97.40 a barrel.

US benchmark West Texas Intermediate crude contracts closed up $1.43, or 1.6 percent, to $91.93 a barrel.

Gasoline stocks fell sharply as demand rose after weeks of lackluster activity during what is supposed to be the peak of the summer driving season.

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Source: sena

All business articles on 2022-08-10

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