September 24, 2024 6:12 PM
Oil price surge over 2% amid escalating Middle East conflict
Oil prices surged more than two per cent today following news of monetary stimulus from top importer China and supply concerns amid escalating Middle East conflict. In the global crude market, Brent crude was trading 2.1 per cent up at 75 dollars and 47 cents per barrel and the U.S. West Te...