Oil prices rise supported by indicators of improving demand

Business, Press Releases

Oil prices rise supported by indicators of improving demand

Baghdad, Oil prices began their Asian trading, today, Tuesday, higher, supported by indications of improving demand, which led to the rise of US futures contracts to their highest level in five months in the previous session.

Brent crude futures contracts for June delivery rose 37 cents to $87.79 a barrel.

US West Texas Intermediate crude futures contracts for May rose 32 cents to $84.03 per barrel.

Source: National Iraqi News Agency

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