Oil Prices Close At Highest Level In Nearly Two Years
Faizan Hashmi Published March 06, 2021 | 02:00 AM
New York, March 5 (UrduPoint / Pakistan Point News - 6th Mar, 2021 ) :Oil prices closed on Friday at their highest levels in nearly two years, after producers agreed to increase supply from April by a smaller amount than expected.
A barrel of North Sea Brent Crude for delivery in May rose 3.
9 percent in London to $69.36, its highest closing price since April 2019.
In New York, the barrel price of West Texas Intermediate for April delivery climbed 3.5 percent to $66.09, its highest closing level in 22 months.
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