WTI rises 1% in 2024's last trading session - Breaking The News

WTI rises 1% in 2024's last trading session

31 December

1 min read

EPA-EFE/CAROLINE BREHMAN

Oil futures prices went up on Tuesday, 2024's last trading day. Looking ahead, markets face significant uncertainty, including the potential for an oversupply, geopolitical conflicts, and possible changes in oil policies with the new Trump administration taking office.

West Texas Intermediate (WTI) for February's settlements rose 1.10% at 11:22 am ET to sell for $71.76 per barrel. Meanwhile, Brent's deliveries for the same month increased by 0.97% to go for $74.69 per barrel.

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