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Oil Prices Rise... Brent Crude Touches $80


Sun 12 Jan 2025 | 06:46 AM
Crude oil prices rose during trading Thursday, with Brent crude rising near $97 a barrel, on optimism about demand and an increase in US crude exports.
Crude oil prices rose during trading Thursday, with Brent crude rising near $97 a barrel, on optimism about demand and an increase in US crude exports.
Taarek Refaat

Oil prices rose about 3% to their highest levels in three months, with Brent crude futures rising $2.84, or 3.7% to settle at $79.76 a barrel, after exceeding $80 a barrel for the first time since October 7.

US West Texas Intermediate (WTI) crude futures rose $2.65, or 3%, to settle at $76.57, also a three-month high.

US ultra-low-sulfur diesel (ULSD) futures rose 5.1% to settle at $105.07 a barrel, their highest level since July.

Latest Oil Prices:

WTI Crude $76.57  +3.58%

Brent Crude $79.76  +3.69%

Murban Crude $80.06  +3.80%

Louisiana Light $77.24  +0.00%

Bonny Light $78.62  -2.84%

Mars US $73.93  -1.64%

Natural Gas $3.989 +7.78%

Gasoline $2.075 +2.30%