13 Hrs
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الاقتصادية
Source: الاقتصادية
13 Hrsالاقتصادية
Source: الاقتصادية
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Oil prices rose for a second straight day on Friday as investors watched for a possible renewed escalation between the United States and Iran. Brent crude climbed 1.15% to $99.42 a barrel, while West Texas Intermediate rose 0.87% to $91.31. Despite the gains, Brent was on track for a weekly loss of nearly 12%, while U.S. crude was expected to fall 12.1%. Prices had dropped 8% on Wednesday amid expectations that the results of the U.S. midterm elections would curb escalation. Hopes for a diplomatic path grew after reports that Iran had sent a nuclear proposal to Washington via Qatar, while an expert put the odds of fighting resuming at 80% and said both benchmarks could exceed $100 a barrel.
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