TenkoFX - Analytics


    425.75 7.25/10
    68% of positive reviews

    Oil settles higher and posts weekly gain Ani Salama

    Crude oil prices advanced on Friday, logging daily and weekly gains, even after data showed US oil rigs rose to their highest in over 2 months.West Texas Intermediate crude for August delivery traded between $47.91 and $49.08 a barrel before settling at $48.99, up 0.66 or 1.4% on the session and 2.8% over the week.US oil rig count rose to 341 last week, reaching its highest level since April. Oil prices dipped after the report, but overall closed the week with gains as Brexit concerns eased.

    To leave a comment you must or Join us

    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree