Commodities

Oil Futures Close Sharply Higher For The Day, But Shed 2.7% In Week

Crude oil prices rose sharply on Friday and lifted the near month crude futures contract to its first positive close in four sessions.

A report from the U.S. National Hurricane Centre that a storm forming over the Western Gulf of Mexico will likely become a cyclone over the weekend raised concerns about possible disruptions in production and supported oil prices today.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More Commodities