5 Hrs
Source:
Sharjah24
Brent crude hits $103.73
Oil prices rose in Asian trading after U.S. President Donald Trump denied being willing to ease sanctions on Iran. Brent crude reached $103.73 per barrel, up $1.14 (+1.11%), while West Texas Intermediate (WTI) oil reached $89.72, an increase of 34 cents (+0.38%). Brent is on track to achieve nearly a 14% monthly gain, the biggest since July, and U.S. crude is expected to rise by about 4%. This comes amid a continued increase in prices after surpassing $106 for the first time since May, as tensions related to oil supplies in the Middle East eased.
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