15.2 C
London
Friday, October 18, 2024
HomeBusinessOil prices jump nearly 4% over attack on oil tankers

Oil prices jump nearly 4% over attack on oil tankers

Related stories

J&K police release list of seized assets used for terrorism

Jammu, Feb 16 : The police in Jammu and...

Israel says 4 mln citizens vaccinated against Covid-19

Jerusalem, Feb 17 : Israeli officials announced that some...

Hungary to receive first shipment of Chinese vaccines

Beijing, Feb 17 : A Hungarian cargo plane loaded...

MUMBAI: The benchmark Brent Crude on Thursday logged a steep jump of nearly 4 per cent over reports of attack on oil tankers in the Gulf of Oman.
At 5.28 p.m., Brent was trading at $62.30 per barrel, or 3.89 per cent higher.
The benchmark crude prices have remained flat for most parts of June so far, even though tensions were simmering in the Gulf region.
Thursday’s attack, experts said, could trigger a spike, which may keep the oil prices on the boil for some time before tension subsides in the Middle East.
As a result of attack on oil tankers, the rupee also lost 16 paise to close at Rs 69.51 per dollar from its previous close of 69.35.
[source_without_link]IANS[/source_without_link]

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories