The worth of the WTI crude oil settled on Friday at $83.85. The worth settled up $0.28 or 0.34%.
The high-price at this time reached $84.46. The low worth was at $83.35.
For the buying and selling week, the worth is buying and selling increased by $1.54 or 1.87%.
- The Baker Hughes weekly rig rely confirmed a lower in whole rigs to 613 from 619, with oil rigs down by 5 to 506, and pure gasoline rigs moved down by one to 105.
- Considerations a couple of “Rafah operation,” stays a possible geopolitical threat. In the meantime, the tensions between Iran and Isreal have abated.
This text was written by Greg Michalowski at www.forexlive.com.