Oil Prices Continue To Rise, With Brent Reaching $97.34 Per Barrel
Oil prices are on the rise once again, with Brent crude futures reaching a high of $97.34 per barrel—the highest level since late July. US West Texas Intermediate (WTI) followed suit, increasing by 1.26% to $92.63 per barrel.
This surge in prices is attributed to mounting supply concerns. Brent Crude gained 0.35% to reach the aforementioned price point, while WTI saw a 1.26% increase.
Mohammad Ali (@ChaudhryMAli88) reported on this development, noting that these prices reflect a global market dynamic driven by various factors.
Related Stories:
- July’s Hottest Summer in Italy
- Ancient Tomb Discovery in Egypt
- UAE’s Foreign Trade Records
- Ebola Virus Update in the DRC
