Pakistan News

Oil prices rise

Oil prices rise

LONDON: Oil prices rose Tuesday after better-than-expected Chinese trade data that nonetheless showed lacklustre demand in the world’s top energy consumer.

US benchmark West Texas Intermediate (WTI) for delivery in October rose five cents to $46.10 a barrel.

The contract was playing catch-up with Brent after low-volume trading Monday owing to a public holiday in the US. Brent North Sea crude for October jumped $1.84 to $49.47 a barrel in late London deals.

Published in Dawn, September 9th, 2015

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