Oil Prices Rise For First Time In Three Days, But Trade War Drags - Dollar Advisory | Best Commodity Tips Provider

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Wednesday 31 October 2018

Oil Prices Rise For First Time In Three Days, But Trade War Drags

Oil NSE -0.79 % prices climbed for the first time in three days on Wednesday, but rising supply and fears over the outlook for demand amid the US-China trade war kept pressure on the market. Brent crude futures had gained 47 cents, or 0.6 percent, to $76.38 a barrel by 0441 GMT. They fell 1.8 percent on Tuesday, at one point touching their lowest since Aug. 24 at$75.09 a barrel. 
Both crude benchmarks have fallen about $10 a barrel from four-year highs reached in the first week of October, and are on track to post their worst monthly performance since July 2016. For More Information Please Visit : www.dollaradvisory.com and Call : +91 9111-179961

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