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Energy and Power

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Oil prices increased in the upcoming holiday season

Published On 25 Dec 2019 09:45 AM


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Oil prices altered little on December 23, holding near a three-month high on the confidence over a nearing US-China trade deal even as Russia stated an OPEC-led pact may consider relaxing output cuts next year.

Brent crude was increased by 9 cents, or 0.14%, at $66.23 per barrel by 1240 GMT in trading, near about the upcoming Christmas holidays. West Texas Intermediate was rose to 3 cents, or 0.5%, at $60.47 a barrel.

Russi....


Tags : Petroleum, Energy , oil producer, Neutral Zone, ,
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