Oil prices rise on US demand surge, weaker dollar, Mideast cease-fire

Business 27 November 2024 17:45

Oil prices increased on Wednesday with a demand surge in the US, the world's biggest crude consumer, and weakened US dollar index, while a cease-fire deal in the Middle East dampened supply woes among market players, CE Report quotes Anadolu Agency

The international oil benchmark of Brent crude rose 0.43% to $72.49 per barrel at 9.58 a.m. local time (0658 GMT), up from the previous session's close of $72.18.

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Oil prices rise on US demand surge, weaker dollar, Mideast cease-fire

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