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Nairaland Forum / Nairaland / General / Crude Oil Price Rises Due To Weak Dollar And Chinese Data (87 Views)
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Crude Oil Price Rises Due To Weak Dollar And Chinese Data by thenewsc: 11:21am On Jun 16, 2023 |
Crude Oil Price Rises A weaker US currency and an increase in refinery operations in China, the world's largest crude importer, helped the crude oil market rise by about 3% on Thursday to a one-week high. According to data, the US West Texas Intermediate (WTI) gained by $2.35 or 3.4 percent to $70.62 per barrel, while Brent increased by $2.47 or 3.4% to settle at $75.67 a barrel yesterday. Read more on https://www.thenews-chronicle.com/crude-oil-price-rises-due-to-weak-dollar-and-chinese-data/ |
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