WTI oil price jumps 5% on supply worries

By: AFP
Published: 08:00 PM, 7 Jul, 2022
WTI oil price jumps 5% on supply worries
Caption: WTI oil price jumps 5% on supply worries.
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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.

Agence France-Presse is an international news agency.