Social News XYZ     


Oil prices jump nearly 4% over attack on oil tankers

Oil prices jump nearly 4% over attack on oil tankers

Mumbai, June 13 (IANS) The benchmark Brent Crude on Thursday logged a steep jump of nearly 4 per cent over reports of attack on oil tankers in the Gulf of Oman.

At 5.28 p.m., Brent was trading at $62.30 per barrel, or 3.89 per cent higher.

The benchmark crude prices have remained flat for most parts of June so far, even though tensions were simmering in the Gulf region.

 

Thursday's attack, experts said, could trigger a spike, which may keep the oil prices on the boil for some time before tension subsides in the Middle East.

As a result of attack on oil tankers, the rupee also lost 16 paise to close at Rs 69.51 per dollar from its previous close of 69.35.

Facebook Comments
Oil prices jump nearly 4% over attack on oil tankers

About Gopi Adusumilli

Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc. He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources. When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any. He can be reached at gopi@socialnews.xyz

Advertisements

you're currently offline

%d bloggers like this: