TELETRADER News
9/5, 3:26 PM
(Source: TeleTrader)
Brent Crude (...+0.03%
F WBS-0.03%
Oil prices up after OPEC+ output cut extension
The prices of oil futures advanced by more than 1% on Tuesday in the aftermath of Russia and Saudi Arabia's decision to prolong their voluntary oil cuts until December 2023.
West Texas Intermediate (WTI) for October's settlements rose by 1.50% at 9:16 am ET to sell for $87.31 per barrel. At the same time, Brent for November's deliveries grew by 1.40% to go for $90.47 per barrel.