NEW YORK, Sept. 16 (Xinhua) -- Oil prices surged on Wednesday after data showed U.S. crude stockpiles fell considerably last week.
The West Texas Intermediate for October delivery rose 1.88 U.S. dollars, or 4.9 percent, to settle at 40.16 dollars a barrel on the New York Mercantile Exchange, while Brent crude for November delivery climbed 1.69 dollars, or 4.2 percent, to 42.22 dollars a barrel on the London ICE Futures Exchange.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!