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Crude oil prices rise 2.15pc for second straight week

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Crude oil prices increased for the second straight week up to 2.15 percent after 4.13pc rise in the preceding week.

According to details, the US West Texas Intermediate (WTI) reached $75.21 from $73.79, up by 1.92 percent during the week. The low for the week reached $72.60 on Monday while the high for the week was on Thursday at $77.24.

Similarly, Brent, the international benchmark for two-thirds of the world’s oil, increased 2.15 percent during the week to reach $77.78 from $76.14 a barrel. The low for the week reached $75.95 on Monday while the high for the week was on Thursday near $80.10.—TLTP

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