Oil prices were higher Thursday following a fall of over 2% on Wednesday as markets continued to assess the huge increase in volatility in the Middle East amid the Israel-Hamas war . International benchmark ICE Brent Crude futures were up 0.93% to $86.62 a barrel at 9:23 a.m. in London, as WTI Crude futures rose 0.
72% to $84.09 a barrel. In its monthly report, the International Energy Agency on Thursday said oil markets would remain on edge over potential output disruption as the war persists. It also said it 'stands ready to act if necessary to ensure markets remain adequately supplied.' @LCO.1 5D line Brent crude futures. — Jenni Reid
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
European stocks open higher as positive momentum continues; UK GDP meets expectationsEuropean stock markets opened higher Thursday as investors assess U.S. inflation and dovish Fed comments.
Read more »
European stocks set to continue positive momentum; UK GDP meets expectationsEuropean stock markets are set to open higher Thursday as positive global momentum continues.
Read more »
European stocks set to continue positive momentum; UK GDP meets expectationsEuropean stock markets are set to open higher Thursday as positive global momentum continues.
Read more »
European stocks edge higher; U.K. GDP offers hope of future growthEuropean stocks edge higher; U.K. GDP offers hope of future growth
Read more »