Oil extends gains as Brent jumps back above $60

2019-10-11 20:57:23 GMT (Economies.com)
Oil extends gains as Brent jumps back above $60

Oil prices advanced today, to extend gains buoyed by the high sentiment about the trade talks between the US and China, while the US dollar shapely fell against most major currencies.

 

Later today, Baker Hughes will release its data on the US oil and gas drilling activity during this week.

 

The Iranian government revealed today that one of its oil tankers was struck by two missiles in the Red Sea near the coast of Saudi Arabia,

 

As of 16:51 GMT, the dollar index fell by 0.4% to 98.2 points, with an intraday high of 98.7 and a low of 98.2 points.

 

While WTI futures for November delivery rose by 1.6% to $54.3 a barrel, with a session-high of $54.8 and a low of $53.6.

 

Brent futures for December delivery gained 1.8% to $60.2 a barrel, with a high of $60.6 and a low of $59.2.

 
 
 
  Symbol Last Change Chg.%
1.1077
0.0025
0.2303%
1.2928
0.0000
0.0004%
Tadawul
8045.32
44.99
0.56%
17.161
0.207
1.222%
55.358
-2.437
4.216%
60.91
-1.53
2.45%
1473.720
5.740
0.391%
 
 
Live Forex Updates