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Brent crude continues its gains today
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Economy News Baghdad: Oil held up significantly on Tuesday after hitting a six-week high on the previous day, boosted by moves by the Saudi crown prince to tighten his grip on power and escalate tensions between the kingdom and Iran. At 10:45 am Baghdad time, the WTI fell only five cents to $ 57.31 a barrel. Brent crude for two years was up to $ 64.28 and closed Monday up 3.5 percent, also the biggest annual increase in nearly six weeks. Both indexes have been at their highest since mid-2015 during the session. |
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