Oil prices surge amid positive sentiment


  • World
  • Wednesday, 25 Nov 2020

NEW YORK, Nov. 24 (Xinhua) -- Oil prices moved noticeably higher on Tuesday, fueled by positive expectations.

The West Texas Intermediate (WTI) for January delivery gained 1.85 U.S. dollars, or 4.3 percent, to settle at 44.91 dollars a barrel on the New York Mercantile Exchange, while Brent crude for January delivery increased 1.8 dollars, or 3.9 percent, to close at 47.86 dollars a barrel on the London ICE Futures Exchange.

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