Oil prices rise after strikes on Saudi oil facilities

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BEIJING, April 10 : Oil prices rose in early trading on Friday following attacks on Saudi energy infrastructure, and as markets evaluated the risk premium from the ongoing closure of the Strait of Hormuz, despite a fragile truce agreed between the U.S. and Iran. Brent crude futures gained 83 cents, or 0.87 per cent, to $96.75 a barrel as of 0100 GMT. West Texas Intermediate futures were up $1.04, 1.06 per cent, at $98.91 a barrel. "The initial wave of relief following President Trump's two-week

Oil prices rise after strikes on Saudi oil facilities https://www.channelnewsasia.com/ - 05:18

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Oil prices rise after strikes on Saudi oil facilities https://www.channelnewsasia.com/ - 05:18