Oil prices up after OPEC+ positive response

Crude oil prices rose over three percent today after producer group OPEC+ kept output increases in July at the same level as the previous two months. Brent Crude was trading over 3.7 per cent up at 65 dollars and 12 cents per barrel. WTI Crude was also trading over 4.1 per cent up at 63 dollars and 32 cents per barrel, when reports last came in.

Leave a Reply

Your email address will not be published. Required fields are marked *