Oil Prices Continue Rising On Stimulus Hopes

Published on Wednesday, 12 Sep 11:54 am

Benchmark oil prices continued to rise on 11 September, with investors waiting to see whether weakening US and global financial data will persuade the US Federal Reserve to announce on 13 September another round of monetary stimulus. WTI crude increased by $0.63/B to settle at $97.17/B, while Brent rose by $0.59/B to settle at $115.40/B.

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