Oil Prices Recover: Brent Crude Futures Surge 0.4% to $78 a Barrel, US WTI up 0.5% to $73.34

Oil prices rose on Tuesday, recouping some of the previous session’s losses.
Brent crude futures rose 33 cents, or 0.4 percent, to $78 a barrel by 0050 GMT, and US West Texas Intermediate crude rose 35 cents, or 0.5 percent, to $73.34.
Prices fell 1 percent yesterday, Monday, amid expectations of an increase in the possibility of raising US interest rates, and with investors reaping profits.

2023-07-11 03:33:14
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