29 Mar 2024
Tuesday 25 September 2018 - 17:49
Story Code : 320914

Oil extends rally after hitting four-year high

The Wall Street Journal | Christopher Alessi: Oil prices rose Tuesday, building on the four-year high reached in the wake of a weekend decision by OPEC and its production allies to maintain their current production targets.

Brent, the global benchmark, was up 0.9% to $81.28 a barrel on Londons Intercontinental Exchange. On the New York Mercantile Exchange, West Texas Intermediate futures were trading up 0.6% at $72.51 a barrel.

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