Oil prices rise as supply concerns dominate


  • World
  • Wednesday, 20 Jul 2022

NEW YORK, July 19 (Xinhua) -- Oil prices climbed on Tuesday as concerns over tight supplies gained the upper hand on the market.

The West Texas Intermediate for August delivery added 1.62 U.S. dollars, or 1.6 percent, to settle at 104.22 dollars a barrel on the New York Mercantile Exchange. Brent crude for September delivery increased 1.08 dollars, or 1 percent, to close at 107.35 dollars a barrel on the London ICE Futures Exchange.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

North Korea leader Kim: Russia has right to exercise self defence against Ukraine
France on the back foot in Africa after Chadian snub
U.S. stocks close higher
Police officers arrested in Brazil for taking bribes from gold miners
Canadian major news organizations sue OpenAI
Crude futures settle lower
U.S. dollar ticks down
Hundreds of thousands of Italian workers stage general strike against Meloni's policies
Feature: Reopening of Egypt's lake Qarun brings hope to fishermen after years of closure
Germany's unemployment falls in November amid reduced working hours

Others Also Read