Oil prices rise, Brent reaches $116.08 pb
Oil prices rose on Friday, heading for a fourth monthly gain. Brent crude futures for December advanced $1.20, or 1.04 per cent, to $116.08 per barrel (pb) as of 0323 GMT. The more-active January contract gained $1.39 to $112.19.US West Texas Intermediate (WTI) crude futures climbed $1.37, or 1.34 per cent, to $103.37.For the month, Brent was on course to finish nearly 11 per cent higher, while WTI was heading for a 14 per cent jump, according to Reuters.WAM
Oil prices rose on Friday, heading for a fourth monthly gain. Brent crude futures for December advanced $1.20, or 1.04 per cent, to $116.08 per barrel (pb) as of 0323 GMT. The more-active January contract gained $1.39 to $112.19.US West Texas Intermediate (WTI) crude futures climbed $1.37, or 1.34 per cent, to $103.37.For the month, Brent was on course to finish nearly 11 per cent higher, while WTI was heading for a 14 per cent jump, according to Reuters.WAM
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