Oil Prices Settle Higher
8 Articles
8 Articles
Oil prices rose at the settlement yesterday night Friday, amid concerns about the disruption of supplies as Hurricane Isaias approached the north of the Gulf of Mexico, and the announcement by oil companies that more than 70% of crude production in American waters had been stopped.
Oil prices closed with a slight rise on Friday, in the face of the market’s fear of potential supply disruptions as Hurricane Isaiah approaches the south of the United States.
Oil Prices Rise as Hurricane Isaias Shuts 72% of US Gulf Production
By Adedapo Adesanya Oil prices settled higher on Friday as Hurricane Isaias made oil companies shut down more than 70 per cent of crude production in US waters. Brent crude futures settled at $104.72, up 44 cents or 0.42 per cent, while the US West Texas Intermediate (WTI) crude finished at $91.85 a barrel, up […]
Oil prices closed with a slight rise on Friday, in the face of the market's fear of potential supply disruptions, as Hurricane Isaiah approaches the south of the United States and oil companies paralyze more than 70 percent of crude oil production...
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