News

WTI oil price jumps 5 on supply worries

July 7, 2022 09:00 PM


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.

 

 



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