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Oil prices
May 14th, 2024 - 08:51 GMT

Oil prices in go up over investor profit-taking

Oil prices increased on Monday amid moderate investor profit-taking, supply uncertainties from tensions in the Middle East, and the possibility of the OPEC+ group's extended supply cuts. International benchmark Brent crude traded at $83.09 per barrel at 11.22 a.m. local time (0822 GMT), an increase of 0.36% from the closing price of $82.79 per barrel in the previous trading session. American benchmark West Texas Intermediate (WTI) traded at $78.58 per ...
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