EnergyPre-market
Oil prices rise to $63.60 amid geopolitical tensions
pre-market1 source ↓written by the desknot a recommendation
- crude futures
- 0.41%
- per barrel
- $63.60
- Intermediate futures rising
- 0.73%
- $59.08
Oil prices increased on Friday, with Brent crude futures up 0.41% to $63.60 per barrel and U.S. West Texas Intermediate futures rising 0.73% to $59.08. Investors are closely monitoring the Russia-Ukraine peace talks and the upcoming OPEC+ meeting for potential supply adjustments. Both contracts face a fourth consecutive monthly decline due to rising global supply pressures.
Not investment advice. For informational purposes only.