Oil prices increase on world markets
  • ECONOMY

  • 11:16 28 August 2019

Oil prices increase on world markets

Oil prices rose on Wednesday, with U.S. crude gaining 1% after an industry report showed stockpiles in the United States, the world’s biggest oil user, fell more than expected, easing worries about economic growth due to the China-U.S. trade war, ONA reports citing Reuters.

Brent crude futures climbed 42 cents, or 0.71%, to 59.93 a barrel. 

West Texas Intermediate (WTI) crude futures gained 56 cents, or 1%, to $55.48 a barrel.

ONA

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