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Commodity: Oil prices rise in Asian exchanges on Friday

21/07/2023
Source : ORISHAS FINANCE
Categories: Raw materials

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Today, Brent oil prices rose in Asian exchanges. Markets assessed the prospect of economic recovery in China after weak economic data.

American West Texas Intermediate (WTI) crude rose 62 cents to $76.27 a barrel, and Brent rose 63 cents to $80.27 a barrel at 0425 GMT. Prices closed slightly higher on Thursday. WTI was expected to rise by 1.1%, which would represent a fourth consecutive week of gains for both benchmarks and Brent was on the closing point up 0.5% for

the week.
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