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Oil prices continue to rise

Oil prices continued to rise on Wednesday amid supply concerns. Brent crude futures rose by $1.11 per barrel, or 1.4 percent, to reach $82.53 per barrel, after recording on Tuesday the highest closing level since January 2025. U.S. West Texas Intermediate (WTI) crude also rose by 79 cents, or 1.1 percent, to reach…

Oil prices continue to rise

Oil prices continued to rise on Wednesday amid supply concerns. Brent crude futures rose by $1.11 per barrel, or 1.4 percent, to reach $82.53 per barrel, after recording on Tuesday the highest closing level since January 2025.

U.S. West Texas Intermediate (WTI) crude also rose by 79 cents, or 1.1 percent, to reach $75.37 per barrel, marking its highest settlement level since January 2025.

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