Oil Updates – crude inches up on Middle East concerns; China worries limit gains
- Date: 30-Jan-2024
- Source: Arab News
- Sector:Oil & Gas
- Country:Saudi Arabia
Oil Updates – crude inches up on Middle East concerns; China worries limit gains
SINGAPORE: Oil prices gained on Tuesday following a more than 1 percent drop the previous session as escalating geopolitical tensions in major producing region the Middle East fueled supply concerns, according to Reuters.
Brent crude futures rose 7 cents, or 0.07 percent, to $82.46 a barrel by 10:34 a.m. Saudi time. US West Texas Intermediate crude was up 15 cents, or 0.31 percent, at $76.93 a barrel. Oil Updates – crude inches up on Middle East concerns; China worries limit gains