Oil prices climb on fresh China stimulus, Middle East tensions

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Home Business Oil prices climb on fresh China stimulus, Middle East tensions 24-09-2024 11:53 AM Ammon News - Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional supply, while a major hurricane loomed over the United States, the world's biggest crude producer. Brent crude futures for November were up 84 cents, or 1.14%, at $74.74 a barrel, as of 0620 GMT. U.S. WTI crude futures for November rose 92 cents, or 1.31%, to $71.29. Reuters

Home Business

Oil prices climb on fresh China stimulus, Middle East tensions

24-09-2024 11:53 AM

Ammon News - Oil prices rose on Tuesday on news of monetary stimulus from top importer China and concerns that tensions in the Middle East could hit regional supply, while a major hurricane loomed over the United States, the world's biggest crude producer.

Brent crude futures for November were up 84 cents, or 1.14%, at $74.74 a barrel, as of 0620 GMT. U.S. WTI crude futures for November rose 92 cents, or 1.31%, to $71.29.

Reuters

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