Oil prices up on China economic support pledge

Brent futures rose 9 cents, or 0.1%, to US$79.72 a barrel at 0010 GMT, while US West Texas Intermediate (WTI) crude was steady at US$75.75 per barrel.

TOKYO: Global oil prices rose on Wednesday, boosted by China's pledge to support economic growth, tighter supply from Russia and on lower weekly US crude oil inventories.

Brent futures rose 9 cents, or 0.1%, to US$79.72 a barrel at 0010 GMT, while US West Texas Intermediate (WTI) crude was steady at US$75.75 per barrel.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
oilprices , crudeoil , brent , WTI , China , economicgrowth , consumption , Russia , exportcuts , API , EIA

Next In Business
Yayasan Peneraju unveils new basic package to accelerate Bumiputera AI upskilling
More fresh paint forl aneways
DIY homes: A growing trend
Why speculation hurts homebuyers
Ringgit likely to trade within 4.04-4.07 range next week
Thai auto gears up, bumps and all
High investment, low job creation
Diagnosing the FBM KLCI
Work longer, save more
Can paralysed Europe rise again?

Trending in Business

Others Also Read

Load more

Copyright © 1995- Star Media Group Berhad [197101000523 (10894-D)]

Best viewed on Chrome browsers.