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.