Oil prices up following strong demand data, supply concerns ...Middle East

ANKARA: Oil prices surged on Thursday, driven by strong demand data from the US Energy Information Administration (EIA) and reduced output from the Organisation of the Petroleum Exporting Countries (OPEC). Despite ceasefire talks in Gaza, ongoing concerns over fuel supplies and Middle East tensions contributed to the rise, reported Anadolu.Brent crude, the international benchmark, traded at US$85.58 per barrel at 10:41 am local time (0721 GMT), marking a 0.59 per cent increase from its previous session close of US$85.08 per barrel. Meanwhile, West Texas Intermediate (WTI), the American benchmark, rose by 0.54 per cent to US$82.54 per barrel from US$82.10 per barrel previously.EIA data releas

Hence then, the article about oil prices up following strong demand data supply concerns was published today ( Thursday 11/07/2024 - 01:57 PM ) and is available on Daily Sun ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Oil prices up following strong demand data, supply concerns )

Also on site :

• Meet the CEO whose century-old company never laid off employees through the Great Depression, the recession, or Covid
• HUMAIN Collaborates with Compal to Drive Cloud-to-Edge AI Expansion, Showcasing Partnership at LEAP 2026
• 2000s ‘The Fast and the Furious’ Franchise Finally Sets Opening Date for First High-Speed Outdoor Coaster