11/9/2023, 4:58 PM (Source: TeleTrader)
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Oil returns to gains, rises by more than 2%

The prices of oil futures scored gains on Thursday after registering major losses over the past few days as the instability in the Middle East continued without a lasting solution seemingly in sight.

West Texas Intermediate (WTI) for deliveries in December soared by 2.20% at 10:41 am ET to sell for $77.02 per barrel. At the same time, Brent for settlements in January surged by 2.29% to go for $81.31 per barrel.

Baha Breaking News (BBN) / JR