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Oil Prices Reach Their Highest Levels In 9 Months

Oil prices rose, by about one percent, reaching their highest levels in nine months.

Brent crude futures rose 73 cents, or 0.8 %, to reach $90.65 per barrel upon settlement, while US West Texas Intermediate crude rose 64 cents, or 0.7 %, to reach $…


Oil prices rose, by about one percent, reaching their highest levels in nine months.



Brent crude futures rose 73 cents, or 0.8 %, to reach $90.65 per barrel upon settlement, while US West Texas Intermediate crude rose 64 cents, or 0.7 %, to reach $87.51 upon settlement.



US West Texas Intermediate crude oil also recorded its highest closing level since yesterday, Wednesday, when it recorded the highest level since last November.



Over the course of the week, both crude oils rose by about 2%, after Brent crude rose last week by about 5%, while US West Texas Intermediate crude rose by about 7%.



Source: National Iraqi News Agency