9 Hrs
Source:
وكالة الأنباء القطرية
Oil Prices Climb at Close
Oil prices rose significantly by the close, following U.S. President Donald Trump's threat to impose sanctions on Iran's trading partners, which increased expectations of supply shortages in the coming weeks. Brent crude increased by 0.65% to reach $94.39 per barrel, while U.S. West Texas Intermediate rose by 0.26% to $87.06 per barrel. Over the week, oil prices gained 6.39% for Brent and 5.66% for WTI, hitting their highest levels since July 24, due to ongoing tensions in the Middle East and concerns over global oil supplies.
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