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Slight Increase in Oil Prices Amid Instability in Middle East, Chinese Stimulus Plans
Slight Increase in Oil Prices Amid Instability in Middle East, Chinese Stimulus Plans

Slight Increase in Oil Prices Amid Instability in Middle East, Chinese Stimulus Plans

Singapore, 18 Mar (ONA) —- Oil prices rose slightly today as a result of the instability in the Middle East and Chinese stimulus plans. However, concerns over global growth and US tariffs limited the gains.

Brent Crude futures increased by 17 cents, or 0.2%, to $71.24 per barrel, while US West Texas Intermediate (WTI) crude futures rose by 14 cents, or 0.2%, to $67.72 per barrel.

—- Ends/Khalid

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