2023-11-02 19:39:09
Direct: Oil prices rose at the end of trading on Thursday, with the dollar index declining after the Federal Reserve fixed interest rates, which increased the attractiveness of the commodity and enhanced expectations of demand for crude.
Brent crude futures for January delivery rose by 2.6%, equivalent to $2.22, at $86.85 per barrel, ending a series of losses that extended over three sessions.
The price of US Nymex crude for December delivery also rose by 2.5%, or $2.02, to record $82.46 per barrel, achieving its first gain since the beginning of the week.
To trade and invest in Gulf stock exchanges, click here
Follow the latest stock and economic news via our Telegram channel
Nominations:
Investments of listed Saudi banks rise to 766.7 billion riyals by the end of the third quarter
Saudi Arabia’s foreign reserve assets decline to $438 billion by the end of September
53% increase in the Kingdom’s non-oil revenues in the third quarter of 2023
The Kingdom’s budget: spending growth in the third quarter to 294.31 billion riyals
1698955947
#Oil #ends #losing #streak #extended #sessions