Oil gains 1% on ongoing geopolitical uncertainty - Breaking The News

Oil gains 1% on ongoing geopolitical uncertainty

24 April

1 min read

EPA-EFE/LARRY W. SMITH

The prices of oil futures increased on Thursday as the conflicts in the Middle East and Ukraine continued without an apparent solution in sight.

West Texas Intermediate (WTI) for June's settlements rose by 1.30% at 7:08 am ET to sell for $63.09 per barrel. Simultaneously, Brent for the same month's deliveries grew by 1.10% to go for $66.85 per barrel.

oil

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