News World

WTI oil price jumps 5% on supply worries

The price of WTI crude, the main US oil contract, jumped more than five percent on Thursday on supply concerns due to a possible blockage of Kazakhstan’s exports.

At 1359 GMT, WTI was up 5.7 percent $103.63, while the main international contract Brent North Sea was 4.7 percent higher at $105.39.

Tags

About the author

AFP

Agence France-Presse (AFP) is a French state-owned international news agency based in Paris. It is the world's oldest news agency, having been founded in 1835 as Havas.




Daily Newsletter