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2021 August 24   09:35

Oil prices rise on decrease of COVID risks

Oil prices rose by 0.21%-0.34%

As of August 24, 08:14 (Moscow Time), Brent Crude futures for November settlement were trading 0.34% higher at $68.6 a barrel on the London-based ICE Futures Europe Exchange. Brent Crude futures for October delivery rose by 0.29% to $68.94 per barrel.

Light Sweet Crude (WTI) futures for September delivery on the New York Mercantile Exchange rose by 0.21% to $65.78 a barrel.

Oil prices rise on decrease of concerns over global economy post-pandemic development.

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