Global crude oil prices rose today on fears of supply disruptions after Saudi Arabia closed its East-West pipeline, with the duration of the closure remaining uncertain.
Brent crude was trading 0.4 per cent up at 106 US dollars and 10 cents per barrel in intra-day trade at a time of writing this report. Meanwhile, West Texas Intermediate crude was trading over one per cent higher at 102 US dollars and 47 cents per barrel.
Must Read
- Advertisement -
