Tuesday, 02 January 2024 12:17 GMT

Oil Prices Hit Three-Week High


(MENAFN- The Peninsula) QNA

London: Oil prices rose today, hitting their highest level in three weeks.

Brent crude futures rose 89 cents, or 1.3 percent, to USD 71.25 a barrel.

US West Texas Intermediate (WTI) crude futures rose 93 cents, or 1.4 percent, to USD 69.38 a barrel.

Brent crude rose 3 percent last week, while WTI posted weekly gains of about 2.2 percent.

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The Peninsula

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